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Insurance Asset News
ALM & Capital

L&G provides £225m inflation-linked financing for Thames Tideway Tunnel

By IAN Editorial Desk
24 April 2019·Updated 26 September 2026·1 min read

LGIM Real Assets provided £225m on behalf of clients including Legal & General Retirement Institutional as construction reached 40% completion.

LGIM Real Assets, on behalf of clients including Legal & General Retirement Institutional, provided £225 million in long-term financing over three years to support construction of the Thames Tideway Tunnel, London's new super sewer. Legal & General announced the milestone on 24 April 2019.

The £225 million was delivered as three tranches of CPI and RPI-linked debt commitments, in 2016,…

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