Pension funds look to wind farms to provide a steady, safe return

PensionDanmark will invest a further DKr12bn ($2.04bn) in renewables over the next five years, through an internal fund and a link-up with Copenhagen Infrastructure Partners.

Torben Möger Pedersen, managing director of PensionDanmark, tells Recharge: “If Europe wants to succeed with the planned transition into renewable energy, then it is necessary to find new ways to get the large pension funds to play a part.”

The Danish pension fund has previously invested in offshore wind with Danish utility Dong Energy, in the Nysted (Rødsand 1) and Anholt projects, and Pedersen believes this investment model is something many other energy groups are investigating.

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