M&G-backed Infracapital completed a $134m investment in EnergyNest.

M&G-backed Infracapital, a company which renders infrastructure fund investment services, completed a $134m investment in EnergyNest, a Norwegian technology company. “We are excited to announce this partnership with EnergyNest. Its technology is providing innovative environmental and economic benefits. With Governments around the world putting in place ambitious carbon reduction targets, we see great potential for growth. We are delighted to play a role in providing a solution to store and decarbonise energy whilst creating long-term value for our investors," Andy Matthews, Infracapital Head of Greenfield.