Announced

MassMutual to invest in Low Carbon.

Synopsis

MassMutual, a life insurance company, agreed to invest in Low Carbon, a renewable energy investment, fund and asset management platform. Financial terms were not disclosed. “MassMutual is deeply committed to minimising our environmental impact and building a more sustainable world for our policyowners, customers, employees and communities. Our partnership with Low Carbon will accelerate our efforts in this area, as we share a common belief that by investing in large scale renewable energy projects, we can play an important part in achieving a global net zero economy. We look forward to working with Low Carbon and leveraging their experience and expertise to increase the production of renewable energy at scale and to power the next generation of clean energy technology,” Roger Crandall , MassMutual Chairman, President and CEO.

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