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PIC to invest £190m in solar bond investment

19 February 2020 • 1 min read

Pension Insurance Corporation (PIC) will provide €220m (£190m) of debt funding for 21 solar parks in southern Spain, adding to the £700m it has invested in the renewables sector to date.

The insurer made its first renewable energy investment in 2012. This latest investment will be jointly managed by Santander and Banco Sabadell. The solar plants' framework will provide payments ...

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