Manchester Pension Fund Invests in U.K. Clean-Power Projects
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Greater Manchester Pension Fund invested 10 million pounds ($15 million) in a U.K. developer of clean-energy projects for local communities.
The fund joined the country’s Green Investment Bank and Strathclyde Pension Fund to funnel money into Albion Community Power Plc, the GIB said Monday in an e-mailed statement. The GIB and SPF already have invested 50 million pounds and 10 million pounds into Albion, respectively.