Climate Changed
Lego Billionaires Are Planning Big Investments in Renewable Energy
- Idealist investment has turned to profit generator at Kirkbi
- Kirkbi may add solar energy to wind portfolio, CEO says
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The fund managing the wealth of the billionaires behind Lego A/S is planning to step up investments in renewable energy.
What started half a decade ago as an idealistic project to cancel the toymaker’s carbon footprint is now beginning to make much more financial sense for Kirkbi A/S, which has $16 billion in assets under management.