Sweden's AP4, Denmark's Industriens Pension and Norway's KLP – along with the IKEA-linked IMAS Foundation have formed an investment alliance partnership with London-based Arjun Infrastructure Partners to invest in low-risk European infrastructure.
Announced in a press release by the four investors, the long-term vehicle called Infrastructure Alliance Europe, has raised commitments of EUR 1bn to be invested across different sectors in Western Europe and will have a strong focus on sustainability. Individual commitments of the four investors have not been disclosed.
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