London CIV has appointed Macquarie Asset Management as the fifth manager within its LCIV Renewable Infrastructure Fund (LRIF).

LRIF's first investment into a pure play energy transition strategy is a US$150 million funding towards a Macquarie-managed strategy. The focus of the investment will be on supporting technologies beyond conventional wind and solar generation, such as energy storage, hydrogen and renewable fuels, clean transportation, carbon capture utilization and storage, and the circular economy. This funding is aimed at achieving net-zero targets.