Danish pension fund invests millions in US solar projects

In its first direct investment in US renewable energy, Danish pension provider PKA is buying a stake in two solar projects with a total capacity of 410 MW.

Garland solar park located in California | Photo: Recurrent Energy

MAZ PLECHINGER

Danish pension provider PKA is investing DKK 2 billion (EUR 268 million) in solar farms. Along with US-based energy company Southern Power, the pension company is buying two US solar projects, Garland and Tranquility, with a total capacity of 410 MW from Canadian Solar's subsidiary Recurrent Energy, PKA says in a statement.

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager