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Canada pension fund to pour $470m into Japanese renewables company

CDPQ takes note of Shizen Energy's overseas expansion

Shizen Energy developed a wind power plant in the southwestern Japanese prefecture of Saga. (Photo courtesy of Shizen Energy)

FUKUOKA, Japan -- Major Canadian pension fund CDPQ plans to invest 70 billion yen ($474 million) in Shizen Energy, a Japanese developer of renewable energy.

Demand is increasing for environmentally conscious investing globally. If Japanese renewable energy companies can build a track record at home and abroad, they will be able to attract global decarbonization money.

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