ESSU Research Report No. 4: The £10bn Sale of Shares in PPP Companies: New source of profits for builders and banks, by Dexter Whitfield

A new ESSU Research Report reveals 240 PPP equity transactions involved 1,229 PPP projects (including multiple sales) valued at £10.0bn in the last decade. Average profit was 50.6% in individual and group equity transactions (compared to average operating profits in construction companies of 1.5% between 2003-09). £517.9m profit from a sample of 154 PPP projects. If the same level of profit were maintained for the 622 individual and group PPP project equity transactions the total profit would be £2.2bn. (This excludes the undisclosed profits obtained in the sale of secondary market infrastructure funds). Increased use of tax havens for UK infrastructure funds – 91 PPP projects with 50% – 100% equity ownership with funds registered in tax havens:

Superseded by the PPP Wealth Machine: UK and Global trends in trading project ownership and the ESSU PPP Equity Database which can be download http://www.european-services-strategy.org.uk/ppp-database/ppp-equity-database/