(CercleFinance.com) – Swiss Life Asset Managers announces its acquisition of a majority stake in the British district heating and cooling network of Equans, in consortium with Schroders Greencoat.
This acquisition fits perfectly with the infrastructure investment strategy of the funds concerned, underlines Swiss Life.
The portfolio is operational and includes 12 district heating and cooling networks, serving residential, commercial, public and retail customers, making it the UK’s largest district heating business with a capacity of 432MW, 117MW of cooling and 67MW of electricity.
Swiss Life Asset Managers is thus further diversifying its portfolio with this additional investment in energy services.
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