Global asset manager L&G and energy-transition expert NTR have obtained €330 million ($370 million) of commitments in the first closing of the L&G NTR Clean Power Transition IV Fund.
L&G NTR Clean Power Transition IV will invest in both clean power and electrification-enabling infrastructure as the central pillars of European energy security and decarbonization. Through investments in renewable energy, energy storage and infrastructure supporting the electrification of heat, transport and industry, L&G and NTR believe the fund is positioned to benefit from long-term structural growth trends underpinning the next phase of Europe’s energy transition.
The fund’s expanded focus is an evolution of L&G and NTR’s first joint strategy, the L&G NTR Clean Power (Europe) Fund III, which closed in March 2025 with more than €640 million ($718 million) to invest in clean power infrastructure assets.
L&G NTR Clean Power Transition IV was a
