Copenhagen —  The billionaire owners of Lego are set to shift more of their wealth into ventures that figure out how to reduce surplus plastic in environmentally friendly ways.

Kirkbi, which oversees about $20bn in assets on behalf of the family behind toymaker Lego, is looking for at least one new plastic project to invest in in 2021. That’s after first testing the market in 2020 with its purchase of a stake in Quantafuel, a Norwegian company that transforms old plastic into energy...

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