Admiral strengthens commitment to sustainability with new investment

Admiral Group has invested in Schroders Capital’s Junior Infrastructure Debt Europe Fund III (Julie III).

The deal, which was struck through the insurer’s Gibraltar subsidiary, forms part of the group’s plans to reach net zero by 2040

This because the fund focuses on supporting infrastructure projects that help with energy transition, digital infrastructure and green transportation.

Geraint Jones, group chief financial officer at Admiral, said: “This investment into Schroders Capital’s Julie III Fund aligns with both our strategic and commercial objectives.

“Our purpose is to help more people to look after their future, which is why sustainability is embedded into our investment approach and we’ve committed to reaching net zero by 2040.

“However, we want to do this in a way that ensures that our business also remains sustainable over the long-term.

“This means making investments that we believe will have a positive impact on the environment and society and will also generate attractive financial returns.”

’Shared investment philosophy’

Schroders Capital offers investors access to a wide variety of private market investment opportunities, portfolio components and tailored strategies.

Augustin Segard, co-head of infrastructure debt investments at Schroders Capital, said: “Admiral’s commitment demonstrates a shared belief in the importance of financing critical infrastructure projects across Europe.

“Support from investors like Admiral matters as it not only reaffirms the compelling opportunity set available in European infrastructure debt, but crucially also enables the development and sustainability of essential assets.

“This partnership is a testament to that shared investment philosophy and we look forward to achieving mutual success together.”