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Danish Socialist People’s Party leader Annette Vilhelmsen speaks to the media in Copenhagen on Thurs. Jan. 30, 2014, after her party quit the coalition government amid discord over plans to sell a stake in state-controlled DONG Energy to Goldman Sachs and other investors, including Quebec’s Caisse.
Danish Socialist People’s Party leader Annette Vilhelmsen speaks to the media in Copenhagen on Thurs. Jan. 30, 2014, after her party quit the coalition government amid discord over plans to sell a stake in state-controlled DONG Energy to Goldman Sachs and other investors, including Quebec’s Caisse.
(Katinka Hustad/AP)

Caisse to take stake in European offshore wind farm

Quebec’s giant pension fund manager has agreed to pay almost $1.2-billion to buy a stake in an offshore wind farm from an embattled Danish energy company.

The Caisse de dépôt et placement du Québec said it would pay £644-million ($1.18-billion) – to purchase a 25-per-cent stake in London Array 1 from Denmark-based DONG Energy.