The wind has changed – current appetite for investment in offshore wind
OFFSHORE WIND INDUSTRY, 8 September 2017
Udo Schneider, head of our Hamburg office, gave his view on the current appetite for investment in offshore wind projects and expected developments in an interview with the Offshore Wind Industry magazine.
How has the appetite for investment in offshore wind developed in recent years and what are you forecasting for the future?
“Most offshore wind parks have performed well to date. Considering such reliable performance in combination with substantial liquidity in capital markets there is great interest in financing offshore wind assets. Certain investors cannot – yet – take construction risks and will only invest following construction completion. The competition amongst investors is more intense for projects with higher feedin tariffs. This competition also leads to a reduction in required equity returns – which helps to reduce the levelized cost of electricity.”
Read the full article here