In the hunt for higher returns without too much risk, an increasing number of pension funds have turned toward investments in energy. And while huge sums have already been thrown into wind and solar power, there are more technologies on the way, explain Danish pension funds in a survey conducted by EnergyWatch and sister site FinansWatch.
Denmark's PKA and PFA have paid DKK 17 billion (EUR 2.3 billion) for a combined 50-percent ownership stake of the offshore wind farm Walney Extension. But both firms state that there is more to come.
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