LP Tearsheet

WBCPF commits £40m to OETF

Wandsworth Borough Council Pension Fund has backed the Octopus Energy Transition Fund.

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Name: Wandsworth Borough Council Pension Fund
Headquarters: London, UK
AUM: £2.9 billion

Wandsworth Borough Council Pension Fund has made a commitment of £40 million ($50 million; €46 million) to the Octopus Energy Transition Fund, according to a press release from the LP.

Launching this month, the renewable sector focused fund has a growth equity strategy that covers the Western Europe region. The £500 million vehicle is managed by Octopus Energy Generation, which is a part of Octopus Energy Group.

The London-based public pension fund has committed £80 million to energy transition strategies.

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