“For the first time, banks are providing financing for an offshore wind farm in the UK while it’s under construction.
10 banks are financing the 270 megawatt (MW) Lincs wind farm off the coast of northeast England, being built by Centrica, Danish utility Dong Energy, and Siemens, says Bloomberg New Energy Finance.
“The commercial appetite for offshore wind is growing despite the ongoing sovereign-debt crisis,” says Fraser Johnston, an analyst with New Energy Finance. “
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