Innovating new structures for renewable energy projects

The EU has ambitious climate and energy targets for 2030, aiming to provide affordable, secure and sustainable energy. To date, government subsidies have been used to keep the price of renewable energy competitive and encourage lenders to commit development capital to projects.

Increasingly, European governments expect renewables projects to be commercially viable in their own right, which is requiring a new approach to financing.

This project is a landmark transaction on many fronts and represents the new frontier in European onshore wind. It demonstrates that in the right market, with the right location, the right technology and the right partners, it is possible to develop and attract private capital into new onshore wind farms.

Edward Northam, Head of Green Investment Group in Europe

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