British chancellor is among many finance ministers presenting opportunities in green infrastructure

Renewables

23 March 2021

Investment opportunities abound in renewables infrastructure

Pension funds are seeking to invest more in clean energy infrastructure, and governments are keen to redress underinvestment

Pension schemes are investing more in renewable energy infrastructure as part of their net-zero commitments and to achieve a more diversified return profile for members. The National Employment Savings Trust (Nest), which manages more than £16bn ($22bn) of automatically enrolled UK pension savings, announced on 13 March that it had partnered with Octopus Renewables, part of Octopus Group, to boost its exposure to this asset class. Through the partnership, Nest aims to invest c.£250mn this year in the UK and Europe in clean energy infrastructure as part of a potential £1.4bn investment by the end of the decade. Nest says this will help it to secure stable, long-term returns for its members,

Welcome to the PE Media Network

In 2021 Petroleum Economist is joined by Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry