Second wind for renewables financing
Renewable energy project finance gets a second wind
Long-term financing for renewable energy projects was all but halted by the credit crunch, but stimulus measures and state-backed investors are helping the market move again.
As part of the research for the feature, I carried out a very informative interview with Christopher Knowles, head of energy, environment and investment funds at the European Investment Bank, which has become a key lender to renewable energy projects following the general financial crash. There was only space for a fraction of the interview in the magazine feature so, as I thought it was of sufficient interest to anyone interested in clean energy development and investment (or, indeed, in European policy), I've put up a full transcript at my Clean Ventures news blog.
Also due to appear shortly is a feature looking at financing and support for innovative businesses spinning out of UK universities, in the ICAEW's Corporate Financier magazine.