Some 68% of UK pension fund investors intend to ramp up investment in renewable energy infrastructure over the next five years, according to a survey from Alpha Real Capital.
The survey found that just 10% of UK pension fund respondents expected investment in renewable energy to fall, while 74% already invested in renewable energy.
The survey also found that 30% of UK pension fund respondents saw the renewable energy sector as mature, 52% as developing and 18% as early stage.
Will Morgan, head of renewables at Alpha Real Capital said: “Our research supports the view that professional pension fund investors see the UK renewables sector as offering attractive investment opportunities and plan to increase their exposure here. We are seeing growing interest from a range of pension funds in our renewable energy investments.”
Phillip Rose, chief executive at Alpha Real Capital said: “Renewable energy infrastructure is an attractive, secure income asset with predictable cash flows, significant inflation linkage and good duration that complements Alpha’s other secure income platforms in commercial ground rents, social infrastructure and real asset-backed debt.”