Pension Insurance Corp. (PIC), a specialist insurer of defined benefit pension schemes, has invested an additional £50 million ($63 million) in Peel Ports Group, following an initial funding round of £33 million ($42 million) in 2023. This brings the total investment to £83 million ($105 million).
Peel Ports Group is the second-largest port operator in the United Kingdom, investing in sustainable developments across its portfolio. The group’s operations enable the efficient flow of cargo, helping to connect markets worldwide and facilitating global trade. Peel Ports Group has invested more than £1 billion ($1.3 billion) in infrastructure during the past 10 years, according to its website.
PIC’s ability to offer a 12-year financing solution in a floating-rate format provides the company with the flexibility it needs to fund large infrastructure investments.
Peel Ports Group most recently announced several major projects, including two £25 million ($32 mi
