Border to Coast Drives £80M Investment in UK Life Sciences and Energy Transition
Deal News | Apr 08, 2025 | Border to Coast Pensions Partn
Border to Coast Pensions Partnership, a collective investment vehicle owned by 11 local government pension schemes, has announced an £80 million commitment towards two UK-focused funds as part of its £0.5 billion UK Opportunities strategy. This investment is split equally between the UBS UK Life Sciences Property strategy and the Quinbrook Renewables Impact Fund II, aiming to boost the UK's life sciences real estate and renewable energy infrastructure respectively. The initiatives align with Border to Coast's approach to deepen investment in UK private markets, building on their existing £1 billion investment. The life sciences initiative will focus on developing energy-efficient real estate within the Golden Triangle area encompassing Cambridge, Oxford, and London, addressing the high demand for facilities to support medical innovation. The energy transition investment will finance renewable energy projects, including solar farms and wind energy, furthering the UK’s decarbonization objectives. This collaboration reflects the broader aspirations of the involved pension schemes to make financially sound investments with tangible community impacts.
Sectors
- Life Sciences
- Renewable Energy
- Pension Fund Management
Geography
- United Kingdom – The article is centered around investments within the UK, particularly focusing on life sciences and renewable energy projects situated in specific regions such as the Golden Triangle.
Industry
- Life Sciences – The article focuses on investment in the UK Life Sciences sector, emphasizing the development of real estate to support medical innovation and advancements.
- Renewable Energy – The commitment to fund renewable energy projects, such as wind and solar farms, indicates the article's relevance to the Renewable Energy sector.
- Pension Fund Management – Involvement of Border to Coast Pensions Partnership, which is a significant player in managing pension fund investments.
Financials
- £80 million – Total investment committed by Border to Coast into the two UK-focused funds.
- £1 billion – Existing investment by Border to Coast in UK's private markets.
- £0.5 billion – Total size of Border to Coast's UK Opportunities strategy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Border to Coast Pensions Partnership | Investor | Company | A collective investment vehicle owned by 11 local government pension schemes, aiming to invest in productive UK assets. |
| UBS UK Life Sciences Property strategy | Target Fund | Company | A strategy focused on developing real estate for life sciences in the UK. |
| Quinbrook Renewables Impact Fund II | Target Fund | Company | A fund aimed at supporting renewable energy projects and the UK's energy transition. |
| Durham County Council Pension Fund | Partner Fund | Company | One of the Partner Funds in Border to Coast, involved in pension fund management and investment strategies. |