Brookfield Awarded $1B Multi-Decade Investment Mandate from UK Nuclear Liabilities Fund

Brookfield Asset Management has been selected by the UK's Nuclear Liabilities Fund (NLF) to manage a long-term, multi-asset investment mandate designed to fund the future decommissioning of nuclear power stations.

Key Details

• Initial Commitment: The mandate begins with an initial commitment of $1 billion (c. £750 million) from the NLF.
• Investment Strategy: Managed by Brookfield’s Investment Solutions Group, the portfolio will invest globally across infrastructure, energy, private equity, real estate, and private credit. The structure emphasizes long-term compounding by reinvesting proceeds.
• Mandate Purpose: The partnership aims to help the NLF achieve the required returns to cover the multi-decade costs associated with decommissioning eight of the UK's nuclear power stations.