UK pension funds to boost renewables, survey finds
Pension funds in the UK are set to increase their investments in renewable energy as the sector draws investors with attractive returns, says a survey of 50 pension fund investors by Pureprofile and real estate investment firm Alpha Real Capital.
The survey found that nearly 70% of pension funds plan to increase their allocations to renewables over the next five years, while 10% expect to cut their positions. Some 74% of pension funds surveyed already invest in the sector, with 30% describing it as “mature”, 52% classifying…
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