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
Image:

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...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

View profile
More from Jasmine Urquhart

PP DC Conference 25: TPR assesses 'historic' landscape for trustees

'Significant' gender divide in pension trust and outlook, survey finds

More on Investment

Schroders DC scheme invests £48m in firm's climate-focussed LTAF
Investment

Schroders DC scheme invests £48m in firm's climate-focussed LTAF

Scheme keen to deliver greater diversification benefits and access to ‘robust’ returns

Holly Roach
Holly Roach
clock 25 June 2025 • 2 min read
Van Lanschot Kempen launches private markets portfolio
Investment

Van Lanschot Kempen launches private markets portfolio

£100m mandate designed to support enhanced ESG integration and ‘significant’ cost savings

Martin Richmond
Martin Richmond
clock 25 June 2025 • 1 min read
Partner Insight: Net zero – A just approach
Investment

Partner Insight: Net zero – A just approach

As climate change intensifies, transparency and accountability has never been more critical. Royal London Asset Management has published its second Navigating the Climate Transition update, offering a look at its firmwide net zero strategy, progress, and future direction.

Carlota Garcia-Manas, Ashley Hamilton Claxton, Royal London Asset Management
clock 25 June 2025 • 3 min read
Trustpilot