Despite rising prices for materials, higher interest rates, supply chain constraints, and other challenges, US offshore wind development continues moving forward under various financing structures and contracting strategies, partners at Norton Rose Fulbright said in an interview. “We are seeing many of the same challenges we are seeing for onshore wind development, where prices for everything are going up,” Becky Diffen, project finance partner at law firm Norton Rose Fulbright, said in a recent phone interview.
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