nuclear-news

UK Nuclear Liabilities Fund selects Brookfield to manage initial $1bn

By IPE Staff10 September 2026

The Nuclear Liabilities Fund (NLF) has selected Brookfield to manage a long-term, multi-asset investment mandate, with an initial commitment of $1bn (€850m).

The mandate will be managed by Brookfield’s Investment Solutions Group (ISG), which will draw on the investment capabilities across the firm to construct a portfolio tailored to NLF’s objectives, risk parameters and investment horizon, it was announced.

The portfolio will invest globally across Brookfield’s infrastructure, energy, private equity, real estate and private credit strategies. Investments are expected to comprise fund commitments, direct investments and co-investments.

The mandate is designed around the multi-decade nature of NLF’s liabilities associated with decommissioning eight of the UK’s nuclear power stations.

Brookfield said the investment horizon will be aligned with NLF’s multi-decade funding requirements, with the aim of supporting long-term capital growth and compounding investment returns to help meet future decommissioning costs.

Investment proceeds are expected to be reinvested into new opportunities rather than routinely distributed, allowing capital to remain invested across market cycles.

For NLF, the mandate is intended to ensure that sufficient assets are available to meet future decommissioning costs “without unnecessary reliance on taxpayers”……………………………………………………………….. https://www.ipe.com/news/uk-nuclear-liabilities-fund-selects-brookfield-to-manage-initial-1bn/10138410.article

September 12, 2026 - Posted by Christina Macpherson | decommission reactor, UK