Brookfield’s Investment Solutions Group (ISG) has been selected by the Nuclear Liabilities Fund (NLF) to manage a long-term, multi-asset investment mandate, with an initial $1 billion commitment to be reinvested across Brookfield’s global investment strategies.
Established in 1996, the Nuclear Liabilities Fund is an independent ring-fenced fund that exists to meet the costs of decommissioning eight nuclear power stations. The fund protects current and future taxpayers from the costs of remediating nuclear and environmental hazards following the end of power generation. Brookfield confirmed the partnership has been structured around the distinctive long-term nature of NLF’s liabilities associated with decommissioning eight of the United Kingdom’s nuclear power stations.
