Banks Hesitate to Finance Energy Projects, Handelsblatt Says

German banks are hesitant to fund energy projects including offshore wind parks and power plants fired with gas turbines, as the European debt crisis complicates rules to finance large, long-running projects, Handelsblatt said in a statement previewing tomorrow’s edition, citing experts including Thomas Kresser, finance chief of Alstom SA (ALO) in Germany.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.