Danish pension sector opens to nuclear power investments

Atomic energy, now undergoing growth internationally, has piqued the interest of the Scandinavian nation’s institutional investors, reports media.
Danish company Seaborg Technologies is working to develop floating small modular reactors using radiative fuel dissolved in salt. | Photo: Katrine Hørup Noer
Danish company Seaborg Technologies is working to develop floating small modular reactors using radiative fuel dissolved in salt. | Photo: Katrine Hørup Noer

The proportion of Danish retirement savers’ pensions invested in nuclear power is showing signs of potential growth, reports business daily Børsen after surveying six domestic pension companies, several of which already have exposure to atomic energy.

Among other firms, Velliv currently has DKK 1bn (134m) invested in four US-based companies engaged in the technology.

”We aim for green investments to comprise 20% of our 2030 portfolio. In this regard, nuclear power investments are not unlikely candidates due the EU taxonomy categorization as sustainable environmental activity,” writes Sandra Metoye, Velliv’s head of responsible investments, in an e-mail to Børsen.

Other Danish pension companies have responded similarly.




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