LGC acquire 36% stake in Kensa

The investment will go towards the company's heat pumps research and development programme, its activities in district heating shared ground loop arrays, and providing zero-cost ground arrays via funding programmes.

The company is currently in discussions with one of Legal & General's housing projects, Inspired Villages Group, to provide ground source heat.

Investing from Legal & General's shareholder balance sheet, LGC focuses on residential housing, urban regeneration, clean energy and venture capital to support the development of cities in the UK.

Company
Truro-based Kensa is a ground source heat pump equipment manufacturer and installation company founded in 1999.

People
Legal & General Capital – Kerrigan Procter (CEO).
The Kensa Group – Simon Lomax (CEO).

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• Expansion
• UK / Ireland
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• United Kingdom