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Green Giraffe Sees Funds Available for EU Offshore Wind Plans

Developers of offshore wind power stations in Europe will be able to find the “tens of billions of euros” they need to build the capacity planned even though banks are lending less, said Green Giraffe Energy Bankers.

“Available funds are growing alongside the industry,” Jerome Guillet, managing director of the Paris-based company that advises on wind projects, said by e-mail. “They will come from the traditional investors in the sectors such as utilities and from third parties” ranging from infrastructure to pension funds, he said.