AMWatch

Nordic and Dutch pension fund consortium invests in district heating

The energy company's green profile and ability to generate stable returns attracted the group of major investors. For one member of the consortium, this is the second major infrastructure deal announced this week.

Photo: Alecta Press Statement

Energy company Fortum is selling a 50 percent stake in Sweden's largest supplier of district heating, Stockholm Exergi, to a consortium consisting of four Nordic pension companies and an international investment manager.

The long-term investors buying the stake for EUR 2.9bn are Swedish pension fund Alecta and Finnish mutual pension insurer Keva, two Dutch pension managers PGGM and APG and asset manager AXA IM.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch