Legal & General : boosts investment in the Kensa Group to scale up ground source heat pump deployment

In the two years since Legal & General Capital made its initial investment, Kensa Group has been through a period of accelerated growth, bringing in highly skilled professionals to grow the business from 70 to 180 employees, subsequently bolstering the green economy. The Group revenue has doubled, from £15.5 million to £31.5 million, cementing the organisation's position as UK market leader in a time when the market is growing rapidly and seeing increased competition.

Kensa Group's manufacturing facility increased its production by 150% during the pandemic, breaking records for the number of ground source heat pumps made in the UK, and is working towards a further twofold increase in capacity by 2023. In addition, an estimated 8 million tonnes of carbon will be saved per year by Kensa ground source heat pumps that have been installed since April 2020. This is the equivalent of removing 2,797 combustion engine cars from the road.

¹Figures provided by The Regulatory Assistance Project (RAP) February 2022