Pensionskassernes Administration (PKA)

Company description

PKA Ltd. (Pensionskassernes Administration A/S) is one of the largest administration companies for occupational pension funds in Denmark. All Danish pension funds are supervised by The Danish Financial Supervisory Authority, which attends to all financial regulations in Denmark.

The PKA Group was established and is owned by five occupational pension funds with a total of 260,000 members, mainly employees in the public social and health sectors. Approximately 90% of these are women. PKA Ltd. makes investments on behalf of the individual pension fund based on the investment policy stipulated by the board of each one. At the end of 2013, the market value of the assets managed by PKA Ltd. was approximately DKK 194,8 billion (US$27,830 million).

Company details

City:
Hellerup
Address:
Tuborg Boulevard 3 2900
Phone:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • September 21, 2023

    Glentra Capital announced first close of USD 471 million

    Glentra Capital has announced the first close of its energy transition fund, Glentra Fund I, with a total of EUR443 million (US$475 million) in commitments from anchor investors Novo Holdings and PKA,...

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  • February 26, 2021

    AIP, Southern Power to co-develop 160 MV battery energy for two solar farms in California

    AIP Management has agreed with Southern Power to co-develop two 4-hour battery energy storage systems (BESS) in California, with a total combined capacity of 160 MW / 640 MWh. Southern Power has been...

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  • June 05, 2020

    Ørsted, PKA, and PFA divest Walney Extension transmission assets

    Walney Extension Limited, a joint venture owned by Ørsted (50%), PKA (25%), and PFA (25%), has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Walne...

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  • April 16, 2020

    Longroad Energy completes financing for 215 MWdc Little Bear Solar projects, sells 50% share in 594 MWdc solar to Danish pension funds

    Longroad Energy has finalized the financing and started the construction of Little Bear Solar, comprising four separate projects totaling 215 MWdc in Fresno County, California. Additionally, two Danis...

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  • July 31, 2019

    Financial close for 243 MW El Campo wind project in the USA

    Infratil has announced that Longroad Energy has closed the financing of its 243 MW El Campo wind project in Knox County, Texas, USA. Longroad Energy is partnering with PKA and PenSam (acting through t...

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  • September 06, 2018

    Ørsted opens world's largest offshore wind farm

    Ørsted has announced that Walney Extension, the world’s largest operational offshore wind farm, has been officially opened. The 659 MW project is 50% owned by &Os...

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  • June 12, 2018

    Denmark's IFU and pension funds launch US$650 million sustainable investment fund

    The Investment Fund for Developing Countries (IFU), based in Denmark, has signed an agreement with six pension funds - PKA, PensionDanmark, PFA, ATP, JØP/DIP and PenSam - to...

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  • June 05, 2018

    Developers propose 3 GW offshore wind projects in the UK

    The Crown Estate, a statutory corporation that owns public land and assets in the United Kingdom belonging to the British monarch, has announced that it has closed its application process for offshore...

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  • May 18, 2018

    Vestas, Vattenfall and PKA to develop 353 MW wind farm in Sweden

    Vattenfall has announced that Vestas and PKA, the Danish pension fund, are investing in the Blakliden/Fäbodberget wind project in Sweden. The project involves the development...

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  • November 24, 2017

    Danish pension funds close on US$2.7B acquisition of Walney Extension offshore wind project

    Danish pension funds, Pensionskassernes Administration (PKA) and PFA Pension have close £2 billion (US$2,7 billion) acquisition of 50% stake in 660 MW Walney Extension offshore wi...

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