EMBARGOED UNTIL FRIDAY 17th JUNE 2022: The Kensa Group, UK manufacturer and installer of ground source heat pumps, today announced Legal & General Capital (LGC) has made a further £8 million investment into the company, bringing LGC’s total investment to £15.7 million over two years.
The capital will support the Kensa Group as it continues to scale up rapidly to accelerate the deployment of ground source heat pump technology and networks to meet demand, whilst meeting LGC’s ambitions to continue to support the clean energy transition.
Kensa Group CEO, Dr Matthew Trewhella, said: “This second investment from Legal & General Capital cements the successful partnership we have built together these past two years and marks a major milestone in the development of Kensa’s ground source heat pump solutions.
“The whole heat pump supply chain, including Kensa, will have to expand dramatically to meet the UK’s 2028 heat pump installation target....
