PensionDanmark to Invest $1.03 Billion in Power, Water Fund
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PensionDanmark A/S will invest 800 million euros ($1.03 billion) in a new fund for infrastructure assets such as water supply and electricity transmission as it seeks to counter low bond yields.
The fund will also target biomass power plants with investments in North America and western Europe in the next three to four years, Copenhagen-based PensionDanmark said today in an e-mailed statement.