Project Financing Favors Big Renewable Players

Contracting financial markets have drastically reduced funding options for renewables projects. Or have they? Late last month, British utility Scottish and Southern Energy (SSE) — one of the country’s largest renewables operators — announced its new £700 million ($1 billion) five-year bond issuance was “twice over-subscribed.” What’s more, the company’s finance director, Gregor Alexander, added there was “significant interest from retail investors.”

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