PIC makes first rolling stock infrastructure investment

The new rail technology delivers enhanced energy efficiency and lower pollution

clock • 2 min read
A 3-Car Class 730 Electric Multiple Unit from the Corelink Fleet. Photo courtesy of Corelink
Image:

A 3-Car Class 730 Electric Multiple Unit from the Corelink Fleet. Photo courtesy of Corelink

Pension Insurance Corporation (PIC) will provide £102m of debt financing to support the delivery of new electric and diesel rolling stock to Corelink Rail Infrastructure Limited.

The deal, which marks the insurer's first investment in rolling stock infrastructure, will include two new electric multiple unit fleets to be built by Alstom, based in Derby, and one new diesel mu...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Standard Life rebrands institutional investment platform

Standard Life rebrands institutional investment platform

Move comes as UK pensions market undergoes ‘significant structural change’

Jonathan Stapleton
clock 08 June 2026 • 2 min read
Majority of FMs met or exceeded targets in 2025, Barnett Waddingham finds

Majority of FMs met or exceeded targets in 2025, Barnett Waddingham finds

Majority of FMs met or exceeded targets in 2025, Barnett Waddingham finds

Martin Richmond
clock 05 June 2026 • 2 min read
Railpen divests from Nestlé over governance and climate concerns

Railpen divests from Nestlé over governance and climate concerns

Manager identifies ‘recurring controversies’ and ‘limited transparency’

Holly Roach
clock 04 June 2026 • 1 min read
Trustpilot