The investment from the pension fund – the first into AMP Capital’s fund – comes amid growing interest in the infrastructure arena from pension funds, as the government looks to bring more institutional investors into the sector.
“The current market environment is presenting attractive new investment opportunities and investor interest remains strong,” said AMP Capital’s global head of infrastructure debt, Andrew Jones.
It has already begun investing in infrastructure and projects, and has provided £40m to “a leading UK based rolling stock company”.