With climate change climbing higher on the political agenda for most countries in Europe, governments are increasingly exploring alternative sources of energy. One key candidate is offshore wind power. But establishing the proper financing necessary for offshore wind projects is no easy feat. As such, Roland Chalons-Browne, CEO at Siemens Financial Services, writes for Environmental Finance on the challenges to financing offshore wind projects at different stages of a project’s lifecycle, from early stage negotiations to operations and maintenance. Building on SFS’ extensive experience in the sector, he goes on to suggest a number of ways that these challenges can be overcome in order that the sector realises its full potential.
To read the full article, please click here.