PIC invests in CPI-linked debt for Teesside renewable plant

Stephanie Baxter
clock • 1 min read

The Pensions Insurance Corporation (PIC) has invested in a £100m infrastructure debt deal to finance the building of the Teesside Renewable Energy Plant.

The pension fund insurer is the sole investor in the unusual deal, which was structured by Macquarie Specialised Investment Solutions (MSIS). The 299MWe biomass power station will generate elect...

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