While Europe remains in the grip of the COVID-19 pandemic, owners and investors of under-construction offshore wind farms will be assessing the impact of COVID-19 on their construction contracts and supply chains very carefully. Meanwhile, the financials for operational wind farms built using project finance might get impacted due to recent regulatory and banking interventions. With the continued growth of corporate PPAs for offshore wind farms in Europe and a high range of financing options available in this space, investment opportunities might arise as assets come to market post covid-19 for releasing cash from existing holdings.
Clean Energy Pipeline recently published a report “Europe: Offshore Wind Outlook 2020” which profiles the leading offshore wind markets in Europe – the United Kingdom, Germany, France, the Netherlands, Belgium, Denmark, Ireland and Poland – with a focus on the key recent developments, project pipeline and future outlook.