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Announced

Glennmont Partners and PGGM set up a joint venture in Italy.

Synopsis

Glennmont Partners, Europe's fund manager focusing on clean energy infrastructure, and PGGM, a cooperative pension investor in the Netherlands, have set up a Green Energy Management Services joint venture. Financial terms were not disclosed. The entity will be responsible for managing, operating and building assets across Italy. It will also provide services to third party clients.

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