Swiss Life Asset Managers has made a significant move by acquiring the Norwegian green energy platform, Vergia, in a strategic deal that paves the way for developing clean energy solutions, including green hydrogen. The investment, made on behalf of Swiss Life's funds, aims to support Vergia's growth and ongoing projects, such as a green ammonia initiative in Arendal. Established in 2022, Vergia collaborates with partners to build infrastructure projects in the 'power-to-X' and offshore wind sectors. One of Vergia's notable projects is the construction of a green ammonia plant with a bunkering facility at the Eydehavn port. Marc Schürch, the head of renewable energy at Swiss Life Asset Managers, emphasized the importance of decarbonizing energy forms like electricity, heating, and fuels to achieve Europe's climate neutrality goals by 2050. He highlighted the potential of power-to-X technologies in utilizing renewable electricity to produce hydrogen and sustainable fuels. The acquisition of Vergia signifies Swiss Life's commitment to contributing to sector decarbonisation and aligns with their ESG objectives. Benjamin Golding, CEO of Arendals Fossekompani, expressed confidence in Swiss Life's ownership of Vergia, believing it will elevate Vergia's positions and projects. This acquisition not only reflects Swiss Life's strategic focus on clean energy but also indicates a positive shift towards sustainable and environmentally friendly investments in the energy sector.