UK-based Low Carbon Limited and the Massachusetts Mutual Life Insurance Company (MassMutual) have joined forces to build a global renewable energy Independent Power Producer (IPP).
The partnership with MassMutual will also support Low Carbon’s ambition to raise third-party investment funds with the aim of directing capital into large-scale renewable energy infrastructure projects in the UK, Europe and selected global markets. The strategic partnership targets 20GW of renewable energy capacity by 2030 and will focus on international projects leveraging proven technologies including solar, storage, onshore and offshore wind, and waste to energy.
