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...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Investment

Smart Pension invests £550m in low carbon stewardship fund

Smart Pension invests £550m in low carbon stewardship fund

Fund will offer investors split voting to ensure more robust investment stewardship

Martin Richmond
clock 21 September 2023 • 2 min read
Partner Insight: Private credit - Perspectives on opportunities and risks

Partner Insight: Private credit - Perspectives on opportunities and risks

Even as traditional fixed income offers more attractive rates, investors continue to explore alternative credit for its stability.

Randy Schwimmer, Co-head of Senior Lending at Churchill, a Nuveen company
clock 21 September 2023 • 7 min read
Partner Insight: Secured credit - underappreciated and undervalued?

Partner Insight: Secured credit - underappreciated and undervalued?

Martin Foden, Head of Credit Research @ Royal London Asset Management
clock 20 September 2023 • 1 min read
Trustpilot