Talk:3i Infrastructure
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3i Infrastructure's portfolio
edit | Part of an edit requested by an editor with a conflict of interest has been implemented. Some or all of the changes weren't supported by neutral, independent, reliable sources. Consider re-submitting with content based on media, books and scholarly works. |
Dear Wikipedia editing community
My name is 16PalaceStreet. I am the PR Manager of 3i Group and I have established a Wikipedia account to help improve the 3i and 3i Infrastructure articles in line with Wikipedia's standards and guidelines. Please could I request that the information below is added to 3i Infrastructure's page to give more up to date information about 3i Infrastructure's portfolio? The information is factual and neutral in tone and I have added sources for the information. I look forward to working with you and please let me know if you have any questions via my talk page. The text is as follows:
Portfolio
At 31 March 2022 3i Infrastructure had a portfolio of 18 assets valued at £3.2 billion. These include twelve investments in economic infrastructure businesses and six investments in public-private partnership projects.[1]
The portfolio comprises:[2]
· ESVAGT – a provider of safety and support services at sea, headquartered in Denmark.
· Infinis – a British generator of low carbon power from captured methane.
· Global Cloud Xchange – a provider of network services for enterprises, new media providers and telecoms carriers. 3i Infrastructure announced its commitment to invest Global Cloud Xchange on 17 November 2021 and the investment is due to complete in summer 2022.
· TCR International - a ground support equipment (GSE) supplier to airlines, airports, ground handlers and cargo handlers, headquartered in Brussels, Belgium.
· Tampnet – an offshore communication network provider headquartered in Norway.
· Joulz – a provider of energy infrastructure equipment and services in the Netherlands.
· Ionisos – a French owner and operator of cold sterilisation facilities.
· Oystercatcher - the holding company through which 3i Infrastructure holds a 45% interest in Advario Singapore (previously Oiltaking Singapore Limited), a 1.3 million cubic metre facility focused on storage and blending of refined clear petroleum products.[3][4]
· DNS:NET – a German broadband service provider.
· SRL Traffic Systems – a UK manufacturer and supplier of temporary traffic systems.
· Valorem – a renewable energy operator headquartered in Bordeaux, France.
· Attero – a recycling and energy-from-waste company headquartered in the Netherlands.
· Projects – portfolio of four Dutch and two French public-private partnership projects across transport and social infrastructure.[5]
[1] “Annual Report 2022”. 3i Infrastructure.
[2] “Annual Report 2022”. 3i Infrastructure.
[3] Out of Oiltanking, Advario is born. Tank Storage Mag. 11 May 2022
[4] Oiltanking sells shares in storage terminals. Bulk Transporter. 10 August 2007
[5] “Annual Report 2022”. 3i Infrastructure. 16PalaceStreet (talk) 15:39, 28 July 2022 (UTC)
Partly done: Added some more details on ownership percentage for the Oiltanking facilities, but "oystercatcher" wasn't mentioned in the sources, and the oiltanking name change/subsequent venture article doesn't mention 3i, so it did not seem relevant to include. Other changes are sourced to primary documents from 3i Infrastructure and were not implemented. -- Patar knight - chat/contributions 23:22, 11 January 2023 (UTC)
3i Infrastructure's portfolio
editDear Wikipedia editing community
Further to the text above, I am going to make those changes (adding a section on 3i Infrastructure's portfolio) to 3i Infrastructure's page. I mention this here as I am the PR Manager at 3i Group and so have an affiliation with 3i Infrastructure. However, the update I am planning to make is factual, neutral in tone, the statements are sourced and I believe these changes will add to the article's accuracy and usefulness. However, I welcome any comments or questions you may have via my talk page. Best wishes, 16PalaceStreet. 16PalaceStreet (talk) 14:36, 4 August 2022 (UTC)
- Hi - If you work for the company you have a conflict of interest and should use the "edit request" facility. Dormskirk (talk) 15:12, 4 August 2022 (UTC)
- Thank you Dormskirk. I have removed my changes so the page appears as it did originally. I will submit my request through the "edit request" facility. Best wishes, 16PalaceStreet (talk) 16PalaceStreet (talk) 15:29, 4 August 2022 (UTC)
- OK. Thanks for that. Dormskirk (talk) 15:48, 4 August 2022 (UTC)
- Thank you Dormskirk. I have removed my changes so the page appears as it did originally. I will submit my request through the "edit request" facility. Best wishes, 16PalaceStreet (talk) 16PalaceStreet (talk) 15:29, 4 August 2022 (UTC)
3i Infrastructure's portfolio
editDear Wikipedia editing community
Further to my message above, I am writing to confirm I have made the aforementioned additions to add a section on 3i Infrastructure's portfolio. I welcome any comments or questions you may have via my talk page. Best wishes, 16PalaceStreet. 16PalaceStreet (talk) 15:21, 4 August 2022 (UTC)
- Please see my reply to Dormskirk above. I have removed the changes I mentioned so the page appears as it did originally. Best wishes, 16Palace Street 16PalaceStreet (talk) 15:32, 4 August 2022 (UTC)
Edits and additions to the 3i Infrastructure page
editDear Wikipedia editing community
Further to the conversation with @Dormskirk on my talk page, I am requesting the remainder of our suggested edits to 3i Infrastructure's page so they can be reviewed and considered together. As before I would like to flag that I am the PR Manager of 3i Group so am connected to the company. I believe these edits are factural, neutral, and should add to the article's accuracy and usefulness for readers. I have added sources for the suggested additions. I am keen to contribute in good faith and in line with Wikipedia's policies and guidelines so welcome any comments and suggestions. Thank you for your consideration.
| | Part of an edit requested by an editor with a conflict of interest has been implemented. |
Edit request 1:
In the opening sentence I would like to suggest 'investment business' is changed to 'investment trust' as this is more accurate. Please see the referencing for this on the London Stock Exchange's website - 3I INFRASTRUCTURE PLC 3IN Our story - Stock | London Stock Exchange
Edit request 2:
In the 'History' section, I would like to suggest the sentence "The oil-tanking business generated a significant share of the company's returns in subsequent years." is deleted as it gives more prominance to oil-tanking in our returns than is accurate. The source (5) for that fact actually states that oil-tanking contributed to our returns in the first half of our financial year 2021. If you don't think it should be deleted it would be more accurate to say "The oil-tanking business generated a significant share of the company's returns in the first half of its 2021 financial year."
Edit request 3:
I would like to add some further detail to the 'History' section to make it more comprehensive. Taking the above edit and what is already in the section into account, my suggestion for the section is as follows:
The company was launched by way of an initial public offering in 2007.[1] It invested in Anglian Water Group, an investment it sold in December 2017 to a consortium of Dalmore Capital and GLIL Infrastructure, generating gross proceeds of £395 million.[2] In 2007 the company also acquired, through its holding company known as Oystercatcher, three oil-tanking storage terminals in the Netherlands, Malta and Singapore. It acquired further stakes in oil-tanking businesses in 2015.[3]
In December 2010, the company acquired a 33% interest in Eversholt Rail Group as part of a consortium with Morgan Stanley Infrastructure Partners and STAR Capital Partners. It sold the investment in January 2015 to CK Investments S.A R.L., generating net proceeds of £365 million.[4][5]
In January 2012, 3i Infrastructure invested in Elenia as part of a consortium with Goldman Sachs Infrastructure Partners and Ilmarinen Mutual Pension Insurance Company. It sold the investment in December 2017 to a consortium comprising Allianz SE, Macquarie Infrastructure, Real Assets and Valtion Eläkerahasto, the State Pension Fund of Finland, generating gross proceeds of approximately £725 million.[6]
The company invested in Cross London Trains (‘XLT’), a business which leases rolling stock to Thameslink’s passenger rail franchise, in June 2013. It sold its stake in March 2019 to a consortium of Dalmore and Equitix funds generating proceeds of £333 million.[7]
In April 2016, 3i Infrastructure invested in Wireless Infrastructure Group, a British mobile infrastructure provider. It sold the investment in December 2019 to Brookfield Infrastructure, generating proceeds of £387 million.[8][9]
Edit request 4:
Underneath the section 'Major shareholder' I would like to suggest the addition of a new section titled 'Management' to explain the link between 3i Infrastructure and 3i Group plc. I would like to suggest the following sentence is added:
3i Infrastructure is managed by 3i Investments plc, a subsidiary of 3i Group plc.[10]
~~~~
[1] "3i Infrastructure IPO could raise £1.3bn". Project Finance.
[2] 3i Infrastructure sells stake in UK water company Anglian Water. Proactive Investors. 18 December 2017
[3] "3i pumps €111 million into oil storage business". Infrastructure Investor. 23 February 2015. Retrieved 15 February 2022.
[4] Investment group acquires Eversholt Rail. International Railway Journal. 20 January 2015
[5] 3IN mulls special divi as disposals generate £1bn cash. Citywire Selector. 18 December 2017
[6] EMEA: Allianz led consortium snaps up Elenia. Inframation. 13 December 2017.
[7] 3i Infrastructure cleans up with £333m Cross London Train disposal. Citywire Investment Trust Insider. 6 February 2019.
[8] 3i Infrastructure to sell stake in Wireless Infrastructure Group. Reuters. 19 December 2019.
[9] 3i sells Scots telecoms firm Wireless Infrastructure Group. Daily Business, 20 December 2019
[10] 2022 Annual report and accounts. 3i Infrastructure. 16PalaceStreet (talk) 15:10, 8 September 2022 (UTC)
Partly done. Implemented request 1 and partially 2 (went with "2021"). Request 3 declined, this is routine merger & acquisition fluff. Request 4 not done, I don't see how this adds anything that the existing section doesn't cover. GeneralNotability (talk) 23:27, 27 September 2022 (UTC)
- Hi @GeneralNotability - Thanks for your comments and for making the edits. I just wondered if you had thoughts on adding the ‘Portfolio’ section mentioned above. Thanks. 16PalaceStreet (talk) 17:33, 9 November 2022 (UTC)
- 16PalaceStreet, I'm not a fan, personally – I generally don't care for that kind of section unless there is significant coverage and a reason to include it (on the principle of "if people want that information, that's what the company's website is for"). GeneralNotability (talk) 01:17, 13 November 2022 (UTC)
- Hi @GeneralNotability - Thanks for your comments and for letting us know. Our thought is that if we don’t add some information on 3i Infrastructure’s current portfolio, or add more to the history section for example by using some of the additions we suggested in Request 3 above, it makes Oystercatcher appear more prominent in our history and portfolio than is accurate, which seems less helpful for readers. (For example, Oystercatcher is currently 8% of our portfolio). Our suggestion would be that we could either provide some information on the current portfolio, or add some more information to the history section, to make it clearer. What do you think? Thanks again for your help. 16PalaceStreet (talk) 15:57, 2 December 2022 (UTC)
- Hi @GeneralNotability - I'm sorry to bother you as I know the Wikipedia editing community is busy, but I wanted to see if you had thoughts on my question from 2 December, about either providing some information on 3i Infrastructure's current portfolio or adding more information to the history section, to help readers. Thanks again. 16PalaceStreet (talk) 11:39, 17 January 2023 (UTC)
- 16PalaceStreet, sorry about that. All right, I'd be open to expanding the history section a bit, as long as it's not super-detailed (we don't need every routine acquisition and portfolio change, just the highlights). GeneralNotability (talk) 01:01, 18 January 2023 (UTC)
- Hi @GeneralNotability - Thanks for your understanding. I've drafted an update to the history section below, keeping it brief and including the major investments to give an overview of our history. Happy to provide more information or clarification. Thank you. 16PalaceStreet (talk) 16:46, 7 February 2023 (UTC)
- 16PalaceStreet, sure, I can live with what you've proposed. Made the edit with a few tweaks (keeping an existing ref and putting the refs into {{cite web}}, everything look good to you? GeneralNotability (talk) 00:28, 12 February 2023 (UTC)
- Thanks @GeneralNotability. That works for us. Thanks for your help and understanding. 16PalaceStreet (talk) 11:19, 14 February 2023 (UTC)
- Hi @GeneralNotability – We have noticed one other thing which we would like to suggest is corrected please. In the box on the right hand side, it says 3i Group is 3i Infrastructure’s parent which isn’t correct. 3i Group is a major shareholder as the article mentions but it doesn’t own more than 51% (as the Wikipedia link to parent company defines). For accuracy we would like to suggest Parent is updated to Major shareholder in the box, or removed given it is covered in the article. Thank you for your time and help. 16PalaceStreet (talk) 14:13, 24 February 2023 (UTC)
- Sure, done. GeneralNotability (talk) 23:35, 13 March 2023 (UTC)
- Hi @GeneralNotability - Thank you for making that change. I’m sorry to seem pernickety but would you mind changing owner to major shareholder or removing it? It might be best to remove it given it’s covered in the body of the article. 3i Group is a major shareholder, but as there are lots of owners we don’t want to give the wrong impression about ownership. Thank you again for your time and consideration. 16PalaceStreet (talk) 16:54, 17 March 2023 (UTC)
- 16PalaceStreet, I'll just remove it – the Template:Infobox company recommends using the owner field for these situations, but if you would prefer it not be listed like that, that's fine. GeneralNotability (talk) 01:40, 22 March 2023 (UTC)
- Thank you very much @GeneralNotability. That's much appreciated. Best wishes, 16PalaceStreet (talk) 12:52, 22 March 2023 (UTC)
- Hi @GeneralNotability – We recently published 3i Infrastructure’s financial year 2023 results. Would you mind updating the Revenue, Operating income and Net income figures in the box on the right hand side? Revenue - £497m (2023), Operating income - £394m (2023), Net income - £394m (2023). The figures are on p134 of the 2023 annual report - https://www.3i-infrastructure.com/media/qjulnn2d/26227_3in_ar2023_web.pdf 3i Group’s holding is now 29.2% rather than 30.2% (p168 of the report) so perhaps you wouldn’t mind updating that in the ‘Major shareholder’ section too. Thank you very much. 16PalaceStreet (talk) 13:53, 6 June 2023 (UTC)
- Hi @GeneralNotability - Sorry to bother you. I wanted to see if you had thoughts on my message above from 6 June on making a few updates on the revenue figures to bring it up to date following our most recent annual report. Many thanks. 16PalaceStreet (talk) 09:16, 4 July 2023 (UTC)
- 16PalaceStreet, I'm sorry, but I have a lot going on right now outside of Wikipedia and don't really have time to work this. I'd suggest using the {{request edit}} template so that this shows up on other folks' radar. GeneralNotability (talk) 21:54, 5 July 2023 (UTC)
- Thanks @GeneralNotability. I'll do that. Best wishes. 16PalaceStreet (talk) 09:54, 11 July 2023 (UTC)
- 16PalaceStreet, I'm sorry, but I have a lot going on right now outside of Wikipedia and don't really have time to work this. I'd suggest using the {{request edit}} template so that this shows up on other folks' radar. GeneralNotability (talk) 21:54, 5 July 2023 (UTC)
- Hi @GeneralNotability - Sorry to bother you. I wanted to see if you had thoughts on my message above from 6 June on making a few updates on the revenue figures to bring it up to date following our most recent annual report. Many thanks. 16PalaceStreet (talk) 09:16, 4 July 2023 (UTC)
- 16PalaceStreet, I'll just remove it – the Template:Infobox company recommends using the owner field for these situations, but if you would prefer it not be listed like that, that's fine. GeneralNotability (talk) 01:40, 22 March 2023 (UTC)
- Hi @GeneralNotability - Thank you for making that change. I’m sorry to seem pernickety but would you mind changing owner to major shareholder or removing it? It might be best to remove it given it’s covered in the body of the article. 3i Group is a major shareholder, but as there are lots of owners we don’t want to give the wrong impression about ownership. Thank you again for your time and consideration. 16PalaceStreet (talk) 16:54, 17 March 2023 (UTC)
- Sure, done. GeneralNotability (talk) 23:35, 13 March 2023 (UTC)
- 16PalaceStreet, sure, I can live with what you've proposed. Made the edit with a few tweaks (keeping an existing ref and putting the refs into {{cite web}}, everything look good to you? GeneralNotability (talk) 00:28, 12 February 2023 (UTC)
- Hi @GeneralNotability - Thanks for your understanding. I've drafted an update to the history section below, keeping it brief and including the major investments to give an overview of our history. Happy to provide more information or clarification. Thank you. 16PalaceStreet (talk) 16:46, 7 February 2023 (UTC)
- 16PalaceStreet, sorry about that. All right, I'd be open to expanding the history section a bit, as long as it's not super-detailed (we don't need every routine acquisition and portfolio change, just the highlights). GeneralNotability (talk) 01:01, 18 January 2023 (UTC)
- 16PalaceStreet, I'm not a fan, personally – I generally don't care for that kind of section unless there is significant coverage and a reason to include it (on the principle of "if people want that information, that's what the company's website is for"). GeneralNotability (talk) 01:17, 13 November 2022 (UTC)
- Hi @GeneralNotability - Thanks for your comments and for making the edits. I just wondered if you had thoughts on adding the ‘Portfolio’ section mentioned above. Thanks. 16PalaceStreet (talk) 17:33, 9 November 2022 (UTC)
History section
editThe company was launched by way of an initial public offering in 2007.[1] Its early investments included Anglian Water Group and Oiltanking GmbH's terminal facilities in the Netherlands, Malta, and Singapore.[2] Between 2010 and 2020, 3i Infrastructure invested in businesses such as Esvagt, Infinis and Wireless Infrastructure Group, a UK mobile infrastructure provider.[3] Since 2021, the company’s new investments have included SRL Traffic Systems, a UK manufacturer and supplier of temporary traffic equipment, and Global Cloud Xchange.[4]
[1] "3i Infrastructure raises 700 mln stg in IPO". Reuters. 8 March 2007
[2] "Oiltanking sells shares in storage terminals" Bulk Transporter. 10 August 2007
[3] "Annual Report 2018" (PDF) 3i Infrastructure.
[4] "Annual Report 2022" (PDF) 3i Infrastructure. 16PalaceStreet (talk) 16:39, 7 February 2023 (UTC)
Some proposed updates: 2023 financials and major shareholder
edit | This edit request by an editor with a conflict of interest has now been answered. |
Text to be updated:
| − | + | Your proposed text: Revenue - £497m (2023) |
| − | + | Your proposed text: Operating income - £394m (2023) |
| − | + | Your proposed text: Net income - £394m (2023) |
| − | + | Your proposed text: About 29.2% of the company is owned by 3i Group plc. |
Reason for the change: Updated information available following the publication of 3i Infrastructure plc's Annual results 2023.
References supporting the change: 3i Infrastructure plc's audited accounts - p134 for the financial figures, p168 for 3i Group's updated shareholding percentage - https://www.3i-infrastructure.com/media/qjulnn2d/26227_3in_ar2023_web.pdf
~~~~ 16PalaceStreet (talk) 10:16, 11 July 2023 (UTC)
Reply 11-JUL-2023
edit
Edit request implemented Spintendo 11:35, 11 July 2023 (UTC)
Proposed updates: 2024 financial information
edit| | This edit request by an editor with a conflict of interest has now been answered. |
Text to be updated:
| − | Revenue: | + | Revenue: £374 million (2024)
|
| − | Operating income: | + | Operating income: £347 million (2024)
|
| − | Net income: | + | Net income: £347 million (2024)
|
Reason for the change: Updated information following the publishing of 3i Infrastructure plc's Annual report and accounts 2024.
References supporting the change: 3i Infrastructure plc's audited accounts - p125. https://www.3i-infrastructure.com/media/hu1bmi22/3in-annual-report-2024.pdf
In the 'Major shareholder' section of the article, 3i Group plc still owns 29.2% of the company (see p160 of the above 2024 Annual report) so the footnote for that fact can be updated to the 2024 Annual report and accounts.
~~~~ 16PalaceStreet (talk) 16:55, 27 June 2024 (UTC)
- Done. Dormskirk (talk) 17:19, 27 June 2024 (UTC)
- Thank you very much. 16PalaceStreet (talk) 09:45, 9 July 2024 (UTC)