The consortium of funds PKA, Industriens Pension, Lærernes Pension and Lægernes Pensionskasse – will take varying stakes in Gode Wind 2, which is expected to enter service in 2016 the German North sea.

PKA will be the biggest shareholder of the consortium, and will own 24.75% of the project on completion.

Dong will provide O&M services for Gode Wind 2 and offer a “route to market” for the power produced, said a statement.

PKA