UK: Legal & General Capital, an alternative investment arm of financial services company Legal & General, has invested around US$15.5m in Cambridge Electric Cement (CEC) and other companies as part of its strategy to decarbonise the residential sector. It is also investing in Hometree and SunRoof, as well as increasing its existing investment in Sero Technologies.
CEC is developing process to create net zero-CO2 cement product using recycled concrete paste. It launched a two-year industrial trial of its Cement 2 Zero project in February 2023.