Low returns deter pension funds from offshore wind

Pension funds are seeing their returns shrink to sizes unfit for the risks from investing in offshore wind turbines. Pension fund Industriens Pension cannot picture itself entering new offshore projects while PKA has declined several projects due to the low returns.

BY MICHAEL DUELUND, FINANSWATCH

Many pension funds are turning their backs on offshore wind farms, as the reward potential from the risk is seemingly too low when investing in offshore wind turbines.

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