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Birmingham Post
Birmingham Post
Business
Hannah Baker

Truro heat pump manufacturer secures £8m investment from Legal & General Capital

A Truro-based manufacturer and installer of ground source heat pumps has secured a further £8m investment from alternative asset platform Legal & General Capital (LGC).

The Kensa Group said the latest funding brought LGC’s total investment in the business to £15.7m over two years. The capital will support the Kensa Group as it continues to scale up to meet demand, the firm said.

The company's chief executive, Dr Matthew Trewhella, said the latest investment from LGC "cemented the successful partnership" the organisations had built.

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