Canadian pension fund giant Quebec Savings and Investment Corporation (CDPQ) will invest 70 billion yen in renewable energy developer Shizen Energy (Fukuoka City). Pension funds and other institutional investors around the world are further increasing their emphasis on environmental responsiveness in their investments. CDPQ will invest 20 billion yen in the form of subscribing to convertible bonds of Natural Power by the end of October. Another 50 billion yen has been set aside as an investment quota for the development of renewable energy power generation by NEPCO in Japan and abroad. Source: CDPQ / Shizen Energy / Nikkei
Photo from PR Times
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