Legal & General completed the investment in SunBoof.

Legal & General, a provider of financial services, completed the investment in SunBoof, a start-up developing fully solar 2-in-1 roofs and façades as well as solutions to support smart energy management. Financial terms were not disclosed. “Housing is a major contributor to carbon emissions and requires some of the most radical and immediate overhauls of any industry. The UK has some of the poorest-built housing stock in Europe when it comes to energy efficiency, but the scale of this challenge also provides a huge opportunity for investors and innovators to develop and scale up leading tech to decarbonise UK homes. This will generate not just environmental but also economic benefits by stimulating jobs and growth in the green economy across the UK, not just in the industrial heartlands. In the face of that challenge, I’m delighted to welcome three new Clean Energy partners to Legal & General Capital and increase our investment in Sero—all of which will accelerate the development and deployment of solutions that will help reduce carbon emissions at speed and at scale. We have partnered with these businesses in recognition of their unique and innovative positions within their respective markets and their potential for growth. We look forward to working with our new partners as they accelerate their growth in order to address the climate crisis,” John Bromley, Legal & General Managing Director.