Border to Coast Pensions Partnership has committed GBP 48.5 million to Capital Dynamics' Clean Energy UK Fund to finance the construction of new renewable energy infrastructure in the UK.

Information on the Target

Capital Dynamics, an independent global private asset management firm, has recently secured a commitment of GBP 48.5 million from Border to Coast Pensions Partnership ("Border to Coast"), the largest Local Government Pension Scheme (LGPS) pool in the UK. This investment represents the inaugural commitment within Border to Coast's UK Opportunities portfolio, which is designed to capitalize on innovative investment strategies for its Partner Funds. The capital will primarily be utilized for the construction of new renewable energy infrastructure, notably funding the fund's first four onshore wind projects in Scotland, with a total capacity of 193 megawatts, sufficient to power approximately 46,000 homes upon completion.

With a focus on investing in renewable energy, the Clean Energy UK Fund held by Capital Dynamics aims to enhance the development of sustainable energy sources. This commitment is not only a financial investment but also a pivotal step in bolstering the UK's renewable energy capacity while contributing to carbon emission reductions.

Industry Overview in the UK

The renewable energy sector in the UK has gained substantial momentum in recent years, driven by government commitments to achieve net zero emissions by 2050. The country has witnessed significant growth in renewable energy installations, particularly