L&G and Landsvirkjun deepen collaboration with $50m renewable energy investment

Written by Adam Cadle

16/05/2025

L&G has completed a $50m investment with Iceland’s National Power Company and largest energy provider, Landsvirkjun, on behalf of the former’s institutional retirement business.

This latest investment reinforces L&G’s commitment to sustainable development in Europe, further supporting its private credit business, which currently manages £34bn in investments for institutional clients worldwide.

Steve Bolton, head of corporate debt Europe, asset management, L&G, said: “We’re delighted to strengthen our relationship with Landsvirkjun and support their continued delivery of renewable energy infrastructure.

“With our deep expertise and longstanding relationships, we are able to access attractive investment opportunities that can drive meaningful social and environmental impact, delivering value for investors and society.”

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