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Fund Solutions

LGPS Support Augments UK Solar Fund

As institutional investors help further surpass fundraising target, NextEnergy Capital calls on Labour government to provide policy certainty and tackle grid connection challenges.

Solar energy-focused asset manager NextEnergy Capital’s (NEC) UK-focused fund has exceeded its original fundraising target by 30% thanks to additional capital provided by local government pension schemes (LGPS), bringing total funds committed to £653 million (US$840.5 million). Launched in December 2021 with a £500 million target, NextPower UK ESG (NPUK)…

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