Returns on offshore wind fade for pension funds

The dream of high returns on wind energy has not become a reality for Danish pension funds' projects, which are suffering declines.

Photo: Siemens

Returns did not turn out as hoped for the pension funds which have invested in several wind farms at Dong, reports Danish media Inside Business.

In 2010, PensionDanmark invested DKK 700 million (EUR 94 million) in the wind farm Nysted. However, last year this gave a DKK 75 million deficit and PensionDanmark had to impair the project.

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