National Grid agrees £185m renewables mandate with Octopus

Hope William-Smith
clock • 1 min read

Octopus Group clean energy investments arm Octopus Renewables has won a new UK corporate pension mandate with the National Grid UK Pension Scheme to invest £185m in national solar and onshore wind assets.

Octopus will have discretion in managing the 25-year mandate with the fund - named the Renewable Energy Income Partnership III - the third in Octopus Renewables' institutional investor income partn...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

PPF Purple Book highlights DB funding improvements, but warns 'risks remain'

19th edition of PPF’s Purple Book shows funding improvements across the DB landscape

Holly Roach
clock 05 December 2024 • 3 min read
DWP urged to amend regulations within pension scheme annual reports

DWP urged to amend regulations within pension scheme annual reports

Organisations say additional information makes annual report ‘unreadable’ to members

Holly Roach
clock 05 December 2024 • 1 min read
TPR updates DB covenant guidance

TPR updates DB covenant guidance

Guidance for DB trustees is aligned with regulator’s funding code

Holly Roach
clock 04 December 2024 • 7 min read
Trustpilot