Announced
Completed
Financials
Sources
Tags
Environmental Consulting
United Kingdom
carbon reduction
Minority
Domestic
Acquisition
Private Equity
Single Bidder
Completed
Private
Friendly
Synopsis
M&G, an international savings and investments business, completed an investment in Storegga, a developer of carbon reduction and removal projects. Financial terms were not disclosed. "We are delighted that M&G is joining Macquarie, GIC and Mitsui as investors in Storegga and welcome them warmly. As a major UK institutional investor, M&G’s investment strengthens our ability to develop carbon reduction and carbon removal projects globally and will help shape Storegga into a leading, independent, UK-based carbon reduction company," Nick Cooper, Storegga CEO.
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