Canada Pension Fund Poised for Stake in UK Wind Farm - Report
February 10 2013 - 11:09AM
Dow Jones News
By Laura Clarke
A Canadian pension fund is poised to make a 500 million pound
($790 million) swoop for a stake in the London Array, the world's
largest offshore wind farm, the Sunday Times Reports, without
citing sources.
The U.K. paper says it is understood that pension fund Caisse de
Depot et Placement du Quebec is close to buying half of Dong
Energy's 50% stake in the development off the Kent coast.
Energy utility Eon and investment group Masdar, are not selling
their stakes, the Sunday Times added.
Newspaper website: www.thesundaytimes.co.uk
Write to Laura Clarke at laura.clarke@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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