L&G Directs Investments at Clean Energy

Published on:
tinywow tinywow 1200x630-1660219993542 10778783 10778839

Legal & General Capital has committed to investing £5 billion in alternative assets in 2022, including in the clean energy sector.

The £5bn included investments in UK solar power infrastructure assets and cornerstone capital for two completed fundraises by sustainable infrastructure manager NTR.

Legal & General Capital’s commitments in 2022 mean it is on track to deliver against its stated ambitions to generate up to £600 million in profit from alternative assets by 2025, with returns of around 10% to 12% per annum, across its key focus areas of housing, SME finance, specialist commercial real estate, digital infrastructure, and clean energy.

Laura Mason, CEO of Legal & General Capital, said: “2022 has been a landmark year for Legal & General Capital as we have made major commitments to deliver transformational schemes in all our alternative asset specialisations across the UK and, for the first time, the USA.

“Much of this has come through strategic partnerships with like-minded investors who are seeking stable, long-term returns, but also looking to drive positive social impact and limit the impacts of climate change.”

For more investor-related news

Source: reNEWS.BIZ

Share:
esg
esg
esg
esg

Investors Headlines

Thailand Launches ESGX Tax Incentives and LTF Transfer Portal to Boost Green Investments

Thailand Launches ESGX Tax Incentives and LTF Transfer Portal to Boost Green Investments

U.S.'s First ESG-Focused Stock Exchange to be Launched in 2026

U.S.'s First ESG-Focused Stock Exchange to be Launched in 2026

Climate Tech Investment Rebounds in US: Silicon Valley Bank Report

ISS STOXX New Rating Assesses Green Bond Risk at Issuance Level

Sironix Raises $3.5M for Renewable Chemicals Sector

Reask Raises USD 4M to Provide Accurate Climate Risk Data

Terabase Raises $130M to Expand Solar Digitization and Automation

0100 Europe Conference in Amsterdam: Growth Investing & Secondaries 2025

Talanx Group Expands Renewable Energy Capacity in Austria

Supply Chain Sustainability Expert ctrl+s Raises €1M

More from Legal & General Group PLC