PIC invests £38m in rail and freight company

Railway and freight investment supports decarbonisation aims of both firms

Jasmine Urquhart
clock • 1 min read
Streem Group, formerly known as Ermewa, has seen a £38m investment from PIC
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Streem Group, formerly known as Ermewa, has seen a £38m investment from PIC

The Pension Insurance Corporation (PIC) has invested £38m of debt in freight and railcar leasing company Streem Group.

The investment will support the Streem Group's global decarbonisation strategy and PIC's commitment to invest in low-carbon and cost-efficient transportation assets. The Swiss company has more t...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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