Responsible investment: Hornsea Project One

In 2018 we worked with Legal and General Investment Management to finance Hornsea Project One.

Located off the coast of East Yorkshire, this is one of the world’s largest offshore wind farm projects and a core policy of the UK Government’s Clean Growth Strategy. 

The UK has the most offshore wind generation built anywhere in the world, with around 34 per cent of the global installed capacity. When in full operation, Hornsea Project One’s power generation will result in avoided emissions of more than 2.8 million tonnes of carbon dioxide each year. This is equivalent to the annual emissions of around 1.5 million cars. Renewables are a key area of opportunity for the PPF. 

We invest across a range of renewable energy infrastructure assets from wind to solar plants, supporting goals to reduce carbon emissions and working towards the global goal for a more sustainable environmental footprint.