AP Pension, PBU invest a combined DKK1.5bn

The Danish public pensions have backed a Europe- and North America-focused fund.

PBU committed DKK1 billion and AP Pension DKK500 million to Copenhagen Infrastructure Partners III, expected to invest in large-scale wind, solar photovoltaic, biomass and waste-to-energy transmission and distribution.

The fund focusing on northwestern Europe and North America has primarily received commitments from Nordic and UK investors.

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