Finance
2.9GW project now 50% owned by Apollo
Achievement partly due to renewable energy funds outperforming expectations
Export Finance Norway is providing funds for the 2.9GW UK offshore wind project
Proceeds will be used to connect offshore wind farms to the Dutch, German grid
Profitability levels increased by 1% as ‘new equilibrium’ found in offshore wind market
Offshore wind reported €1.7bn and onshore wind/solar recorded €1.2bn up on €1.4bn and €800m (2022) respectively
Bitter Ridge Wind Farm in Jay County, Indiana has been operational since 2020
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