PIP

Details

Opus is delighted to have advised Pensions Infrastructure Platform ("PiP") on its agreed sale to Foresight Group ("Foresight").

PiP is a UK infrastructure asset manager with a NAV of over "700m" and a portfolio of 17 assets across the Renewable Energy, Social and Transport sectors. It is backed by UK pension schemes including British Airways, Pension Protection Fund, Railpen and local government pension schemes Strathclyde and West Midlands. The transaction, which is expected to complete in approximately one month, will provide greater resources for PiP and wider infrastructure exposure for Foresight.

UK

Sale to

FUND MANAGEMENT