November 27, 2017 / 9:35 AM / 18 days ago

BRIEF-PIP buys UK public-partnership interests from Aberdeen for $530 mln

Nov 27 (Reuters) -

* PENSIONS INFRASTRUCTURE PLATFORM TO ACQUIRE INTERESTS IN 10 UK PUBLIC-PRIVATE PARTNERSHIP PROJECTS FOR “JUST OVER 400 MILLION STG” ($533.72 MILLION)

* PENSIONS INFRASTRUCTURE PLATFORM ACQUIRES PPP PROJECTS FROM ABERDEEN UK INFRASTRUCTURE PARTNERS

* PENSIONS INFRASTRUCTURE PLATFORM SAYS HAS EXCEEDED INITIAL FUNDING OBJECTIVE, RAISING NEARLY 750 MILLION STG FROM 7 PENSION SCHEMES

* LATEST PORTFOLIO IS FOR SOCIAL INFRASTRUCTURE ASSETS, PREVIOUS INVESTMENTS INCLUDE SOLAR ENERGY, WIND TURBINES, STAKE IN FERRY COMPANY

* ($1 = 0.7495 pounds) (Reporting By Carolyn Cohn)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below