Milford Haven PA Retirement Benefits Scheme
We advised the trustees over a period of 8 months, on a £9m investment into a solar park in the form of an asset back contribution.
The structure of the investment took the form of a Scottish Limited Partnership. We advised on risks for the Trustees around employer-related investment legislation and the use of the Scottish Limited Partnership. We ensured the trustees were protected with indemnities and secured a funding underpin from the Port Authority.