30/04/2019at 13:48

Elo, Veritas and State fund launch renewables investment firm

Exilion Tuuli Ky, renewables investment firm launched by three Finnish pensions institutions yesterday, has some EUR 210m in its pocket for new wind farms. The company is actively seeking new investment opportunities in Finland.

Photo: Carsten Ingemann, Jyllands-Posten

Reeta Paakkinen

Finland's pension insurance companies Elo, Veritas and State Pension Fund of Finland (VER), have jointly founded a new investment company focusing on renewable energy through their real estate co-enterprise Exilion Management. The three pension funds say in a press statement that the new company, Exilion Tuuli Ky, plans to invest some EUR 300m in renewable energy.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

From left: Steffen Mielke, head of fixed income at PensionDanmark and member of the CFA Society. Denmark's Fixed Income Committee hosted the seminar and moderated the debate. Søren Funch Adamsen, head of portfolio construction at Danske Bank Asset Management, Allan Japhetson, head of investment strategy at ATP, and John Hydeskov, deputy CIO at Velliv. | Foto: PR / CFA Society Denmark

Fund Management

Renaissance for bonds in multi-asset portfolios - not yet say three investors

At a seminar held by CFA Society Denmark’s Fixed Income Committee, three investors discussed the prospects of increasing the share of bonds in multi-asset portfolios.

For subscribers

Anna Magnusson will join state pension fund AP1 from Alecta. | Foto: Evelina Carborn/alecta/pr

AMNews

Major Swedish state pension fund will fill key role with Alecta recruit

For subscribers

Jonas Ingerdal Predikaka is one of five former Carnegie employees who is setting up private banking at ABG. | Foto: Rickard Kilström / Carnegie / Pr

AMNews

ABG aims for top spot in Swedish private banking with former Carnegie people

For subscribers

Kirin brewery brewing facilities. The company traces its roots to Japan Brewery established in 1885. | Foto: PR: Kirin Group.

AMWatch

Norges Bank ends observation of Japanese beer company but keeps Korean firm on watch list

For subscribers

Jerome Powell, chairman of the US Federal Reserve. | Foto: Leah Millis/Reuters/Ritzau Scanpix

AMWatch

Fed opts for hike-and-see in gamble that crisis will stay contained

For subscribers

The Finnish earnings-related pension system lost EUR 16bn in 2022 | Foto: Vesa Laitinen / PR

AMWatch

Assets dropped by EUR 16bn in tough year for Finnish pension system

For subscribers

Major Swedish state pension fund will fill key role with Alecta recruit

The role of chief active ownership officer at state buffer fund AP1 will be taken over by corporate governance specialist from pensions giant Alecta.

For subscribers

Fund Management

Renaissance for bonds in multi-asset portfolios - not yet say three investors

At a seminar held by CFA Society Denmark’s Fixed Income Committee, three investors discussed the prospects of increasing the share of bonds in multi-asset portfolios.

For subscribers