Originally published: Private Equity News, 26 October 2020
The survey found that nearly 70% of pension funds plan to increase their allocations to renewables over the next five years.
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 it as “developing” and 18% as “early stage”.
