Pensiondanmark jumps aboard green dream team with substantial investment

The pension company invests in wind energy pioneer's multifaceted company, Stiesdal A/S, which can really accelerate the green energy transition, says Pensiondanmark CEO.

Photo: European Patent Office

In mid-April, Denmark's Stiesdal A/S reported that domestic utility cooperative Andel had invested DKK 75m (EUR 10.09m) in Stiesdal Storage Technologies.

This time around an even larger bag of money is brought to the table by institutional investor Pensiondanmark, which has now injected a "tidy triple-digit sum [in DKK] millions".

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