Octopus Energy’s generation arm has partnered with Legal & General Capital to invest £70 million in UK ground source heat pump manufacturer, The Kensa Group.
Legal and General Capital (LGC) allocated £5 billion for alternative asset investment in 2022 with a focus on several areas including clean energy infrastructure.
Legal & General Capital (LGC) has invested a further £8 million in heat pump manufacturer the Kensa Group, to allow it to continue to scale up its ground source heat pump development.
Legal & General has made another investment into low carbon heat, with LGIM Real Assets providing debt finance to renewables funding scheme HeatRHIght.
EDF has confirmed its long-rumored acquisition of electric vehicle (EV) charging company Pod Point, in a move that sees it cement its position in the UK EV space.