On Tuesday, 22 October, the Minister of Home Affairs, the Hon. Walter Roban met with CEO of the Bermuda-based Legal & General (L&G) Re, Thomas Olunloyo and Laura Mason, London-based CEO of Legal & General Retirement, Institutional, to discuss investment opportunities that could help Bermuda achieve future renewable energy goals.
Minister Roban said, “I am pleased to have met with Mr. Olunloyo and Ms. Mason to discuss the best path of investment and partnership between this Ministry and Legal & General regarding renewable energy projects. L&G has a breadth of experience in the renewables sector having invested over $1 billion worldwide in renewable energy companies and technology, and we look forward to exploring what can be done in Bermuda.”
The Minister continued, “It should be noted that this partnership would be in alignment with our current and previous sustainability projects such as the solar technology rebate programme, the LED Exchange initiative, the solar photovoltaic installation at the ‘Finger’, and our continuing work with the Rocky Mountain Institute. The time to embrace new approaches towards achieving more energy independence while creating jobs and greater equity in the community is now.”
For more information about L&G and their work, please visit www.legalandgeneralcapital.com