Capital Dynamics has been appointed by Clwyd Pension Fund to invest on its behalf in clean energy infrastructure projects in Wales.
The London-based asset manager’s clean energy platform will invest in projects via an account set up on behalf of the local government pension scheme.
Barney Coles, Co-Head of Capital Dynamics Clean Energy. “The recent commitments from the Welsh Government to accelerate the roll-out of new renewable energy capacity has made Wales one of the most attractive markets in Europe for clean energy investment.
“Clwyd Pension Fund has been investing with Capital Dynamics for more than 28 years, and we look forward to continuing to work with them on this exciting new project.”
Philip Latham, Head of Clwyd Pension Fund, added: “This new venture with a long-term trusted partner enables the Fund to make a positive social and environmental impact in Wales which will benefit our members and employers, whilst still achieving an appropriate investment return.”