Making Wind Bankable: What Factors Explain the Recent Non-Recourse Project Financings in Offshore Wind Power Projects?
Article from: OGEL 3 (2009), in OGEL Student Special
Introduction
(CEPMLP) Adding to the on-going discussion on the bankability of renewable electricity projects, this paper will assess what factors explain the recent non-recourse project financing of offshore wind power projects in the Netherlands and Belgium. In other words, from the perspective of lenders, what has made the recent deals in the Netherlands and Belgium bankable? In doing so, an attempt is made to answer the following questions: what are the specific risks for offshore wind farm projects? What are possible risk management instruments in offshore wind farm ...