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Low Carbon gains £400m MassMutual backing

Richard Heap
July 25, 2023

Renewables investor Low Carbon has secured £400m backing from Massachusetts Mutual Life Insurance to support new generation projects.

Low Carbon said it would direct the investment towards large renewables projects in the UK, Europe and North America. The company is looking to develop 20GW of new renewables capacity, including wind and solar projects, by 2030.

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