Winds shift at pension funds as sea turbines generate low returns
Oil companies' efforts to conquer the sea have put pressure on returns for offshore wind projects as demand increases. This has led a number of Denmark's largest pension funds to consider reallocating their capital, and PensionDanmark has already taken this step.
by joakim bøjgaard frandsen, translated by catherine brett
A historic change is taking place at Danish pension companies when it comes to green investments. Billions of kroner are being pulled out of offshore wind projects, where the domestic pension sector was a global pioneer as one of the first industries to invest in the assets on a large scale.
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