PIP to acquire stakes in 10 UK projects worth £400m

Michael Klimes
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PIP's Weston says the latest transaction  is a watershed for the organisation
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PIP's Weston says the latest transaction is a watershed for the organisation

The Pensions Infrastructure Platform (PIP) will acquire a portfolio of interests in ten UK public-private projects for just over £400m after reaching an agreement with Aberdeen UK Infrastructure Partners.

It made the acquisition through its PIP multi-strategy infrastructure fund, which targets infrastructure and is open to all schemes. The platform will manage the interests directly including hospitals,...

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