PIC invests further £50m into Peel Ports Group

Takes specialist DB insurer’s total investments in port operating company to £83m

Martin Richmond
clock • 1 min read
The deep water container terminal at the Port of Liverpool (Credit: BriBar on iStock)
Image:

The deep water container terminal at the Port of Liverpool (Credit: BriBar on iStock)

Pension Insurance Corporation (PIC) has invested £50m in Peel Ports Group.

The investment is the second by the specialist insurer of defined benefit (DB) schemes into the port operating company and follows an earlier funding round in 2023, through which PIC provided a £33...

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