LGIM Real Assets ( part of Legal & General) has announced that is has provided £125m in long-term financing to the City of London Corporation via a green and sustainable financing framework.

Verified as meeting the criterion by DNV-GL, the City Corporation has embarked on a programme of investments designed to benefit the Square Mile and the UK as a whole.

Steve Bolton, investment manager at LGIM Real Assets, said; “The City of London Corporation is a historic, strategically important institution with a rich history. This is an excellent opportunity for us to invest our annuity funds into the UK economy, and support the regeneration of key locations in the City and beyond. This transaction further demonstrates our support of organisations that play a key role in their communities.”

Share Story: