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

TPR and PSAG adopt AI to detect scam websites

TPR and PSAG adopt AI to detect scam websites

Pair have developed tool that uses machine learning technology and trained algorithms

Holly Roach
clock 09 April 2025 • 3 min read
Largest ten professional trustee firms now responsible for £1trn of scheme assets

Largest ten professional trustee firms now responsible for £1trn of scheme assets

Isio survey finds the estimated DB market share of these firms has increased to 43%

Holly Roach
clock 09 April 2025 • 2 min read
News Digest: US Treasuries sell-off deepens as 'safe haven' status challenged

News Digest: US Treasuries sell-off deepens as 'safe haven' status challenged

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 09 April 2025 • 1 min read
Trustpilot