The €36m investment will support the development of 1GW of renewables by 2026

Cable maker is targeting operational EBITDA for 2028 to above €700m from previously above €550m

Results come as 1200MW MunmuBaram offshore project progresses

Revenue drops 61% for first nine months of 2024 due to lower energy park and project sales

HSBC-backed UKEF facility to support global offshore wind project expansion

Factors include low-risk appetite from investors and ineffective capital allocation model, finds report