S&P Global attended an October 16 media roundtable hosted by Bracewell, where partner Tracy London commented on third-quarter trends in European offshore wind.
“I think a lot of the large developers and utilities are seeing that it does make sense to actually share the capital load so as to make sure that they’ve got the best possible chance in that jurisdiction to achieve success at the right cost points,” London said.
London added that certain players are also looking to offload “maturing offshore wind assets so as to free up the capital for some more early development.”
