Denmark’s investment fund plans to increase investments in Greenland and has a “huge appetite” to do more in the Arctic island that has been thrust into the spotlight by US President Donald Trump’s threats to acquire it.
The chief executive of the state-owned Export and Investment Fund of Denmark (EIFO) said it had hundreds of millions of euros to deploy this year and would allocate a “significant amount” of that to Greenland’s critical minerals and energy sectors.
“We have a huge appetite to do more” in Greenland, Peder Lundquist told the FT, adding that there was a “good pipeline” of potential investments in the territory.
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