Japan will launch its first general round of offshore wind auctions to set feed-in-premium tariffs imminently. And with one precedent financing blueprint - the Akita project - proving there is ample domestic liquidity in this nascent sector, can international bank appetite stretch to backing the pipeline of projects about to hit the market?
Exclusive subscriber content…
If you are a TXF subscriber, please login to continue reading
Northvolt’s latest big-ticket ECA-backed financing has set a benchmark for European gigafactory deals. But can Europe’s green industrial policy keep up with the pace of change in a challenging market for manufacturing startups?
It’s still positive, and the benefits of the changes in the OECD Arrangement are already showing, says Angela Perez, head of structured finance at Spanish infrastructure and engineering company, Elecnor. She highlights the amount of patience still needed by EPC companies to get deals completed though.