Slaughter and May advised Centrica plc on the formation of Ignite Social Enterprise LP, the UK's first impact investment fund with a focus on energy related businesses and enterprises.
The fund, which is backed by Centrica, aims to invest a minimum of £10 million over ten years. As well as providing capital, Ignite will help its investee companies to grow through mentorship, networking and the support of Centrica employees. Further information is available at www.ignitesocialenterprise.org.
CONTACTS
Corporate: Paul Dickson (partner), Jonathan Cohen (associate); Financing: Paul Stacey (partner), James Wyatt (associate), Jolyon Smith (associate); Financial Regulation: Ben Kingsley (partner)
Industry
Energy & Utilities
News Category
Energy, Utilities & Natural Resources