PIC invests £50m in Hampshire reservoir

Investment will finance construction of UK’s first reservoir for over 30 years

Martin Richmond
clock • 2 min read
PIC invests £50m in Hampshire reservoir

Pension Insurance Corporation (PIC) has invested £50m as debt to fund the construction of the Havant Thicket Reservoir.

The investment in the reservoir, in partnership with Portsmouth Water, is designed to tackle the water shortage challenges faced by the South East of England and protect the region's rare chalk str...

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Martin Richmond
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