Strathclyde makes first investment in UK offshore wind

Stephanie Baxter
clock

Strathclyde Pension Fund has made its biggest ever investment in UK green infrastructure by putting £50m into offshore wind farms via the government-backed Green Investment Bank (GIB).

It is the first time the £14bn Scottish local government pension fund has invested in the country's offshore wind sector, which it has done through the bank's dedicated fund. The fund, which is ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Diverging markets, diversified portfolios

Partner Insight: Diverging markets, diversified portfolios

With the paths of major economies poised to diverge, PIMCO discuss why they believe it is critical to act...

Tiffany Wilding and Andrew Balls at PIMCO
clock 18 April 2024 • 2 min read
Partner Insight: What's next for real assets in a changing landscape?

Partner Insight: What's next for real assets in a changing landscape?

Despite the uncertainty surrounding interest rates and inflation, global appetite for real assets remains strong

Aviva
clock 17 April 2024 • 1 min read
UK inflation falls less than expected over March to 3.2%

UK inflation falls less than expected over March to 3.2%

Services inflation will be a key watch item for the BoE over the next few months.

clock 17 April 2024 • 2 min read
Trustpilot