PSP Investments increases stake in Forth Ports

Arcus European Infrastructure Fund 1 LP (Arcus) has agreed to sell its shares in Forth Ports Ltd to the Public Sector Pension Investment Board (PSP Investments).

Forth Ports, a multimodal ports owner and operator, is one of the UK’s largest port groups and owns eight commercial ports on the Firth of Forth, the Firth of Tay and the River Thames.

PSP Investment’s managing director and head of infrastructure investments, Patrick Samson, has said that the company is entering “the next phase” with Forth Ports which includes a specific plan to enhance their asset management responsibilities.