Scotland Fife coal mine to turn into eco-therapy wellness park
By Yoana Cholteeva 07 May 2021 (Last Updated May 7th, 2021 18:12)
Hargreaves Land, a property regeneration specialist, has sold the restored woodland of the former Fife open cast mine in Dunfermline, Scotland, to social enterprise company National Pride, which will convert it into a leisure and tourism destination.
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National Pride hopes that a planning application will be submitted to the Fife Council before the end of the year. Source: National Pride
The 930-acre St Ninians and Loch Fitty site, located off the M90, will be developed by National Pride to become an eco-therapy wellness park.
Pioneer Point Partners achieves first close for €500m sustainable infrastructure fund
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LONDON, Jan. 26, 2021 /PRNewswire/ Pioneer Point Partners LLP ( Pioneer ), the specialist infrastructure investment firm, has reached the €150m first close target of its maiden institutional fund, Pioneer Infrastructure Partners SCSp ( the Fund ). The first close has been supported by five European and North American institutions. The Fund is seeking to raise total capital commitments of €500 million and is targeting a 15+% IRR.
The Fund will be deployed in line with Pioneer s historically successful lower mid-market, value-add infrastructure strategy in the energy transition and environment sectors across Western Europe. Pioneer has previously committed nearly €900 million of equity across nine investments on a deal-by-deal basis, delivering superior risk-adjusted returns.
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