Canadian pension fund to buy huge stake in Danish wind farm located off English coast

A future multinational disaster.

“Denmark’s Dong Energy is on the brink of selling a £500-million ($792-million Canadian) stake in its London Array offshore wind farm to one of the world’s largest pension funds, in a fresh sign of interest in an energy business once thought too untested for conservative investor tastes.”

Read more at the Globe and Mail.

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2 responses to “Canadian pension fund to buy huge stake in Danish wind farm located off English coast

  1. Sounds like Canadian pension funds may be just as safe as those in the USA. Long live “investing” other people’s money in projects no one will put their own money into. Group share is so special.

  2. Poor pensioners. I suppose the Canadian tax payers will have to bail them out in a few years.

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