Financing offshore wind farms: what can be done - and what works - (PPT)

摘要

A nascent sector, with few precedents: Banks re-focusing on select clients, countries and sectors; Risk aversion leading to abandoning less understood sectors; Few banks have a precedent to use for internal approval. Large deals needed with no syndication market: Multi-hundred million euro/sterling transactions contemplated; Club deals are rather impractical when 10+ banks needed; Universe of commercial banks is limited, so competition for those banks active in the sector is strong.