M&G completed an investment in Storegga.

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.