Project Financing Favors Big Renewable PlayersMark Scott
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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