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

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Nest seeds first investment into infrastructure debt fund with IFM Investors

Nest seeds first investment into infrastructure debt fund with IFM Investors

Government-backed master trust commits around £446m to infrastructure debt fund

Martin Richmond
clock 20 May 2025 • 3 min read
Partner Insight: New pathways to alternative credit

Partner Insight: New pathways to alternative credit

Nuveen
clock 20 May 2025 • 2 min read
L&G to acquire 75% stake in Proprium to expand private markets platform

L&G to acquire 75% stake in Proprium to expand private markets platform

Purchase in real estate investor will help L&G accelerate growth into new markets

Jonathan Stapleton
clock 19 May 2025 • 3 min read
Trustpilot