Barclays Supports Moray West Offshore Wind Farm With GBP 95.5 Million Loan
The title of this post, is the same as that of this article on offshoreWIND.biz.
This is the sub-heading.
Barclays has committed GBP 95.5 million in loans to support the Moray West offshore wind farm, a project that aims to supply 50 per cent of Scotland’s electricity.
This is the first paragraph.
Moray West, part of Ocean Winds portfolio, has secured a GBP 95.5 million loan from Barclays to support the next phase of the project’s construction as part of a wider syndicated GBP 2 billion loan injection which closed in April 2023.
That appears to be all fairly painless. So can good wind developers, still get money for good schemes fairly easily?
July 5, 2023 - Posted by AnonW | Energy, Finance | Barclays, Moray West Wind Farm, Ocean Winds, Offshore Wind Power, Wind Power
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The Anonymous Widower 
Given the low CfD price was struck before the recent inflationary event in materials and construction costs there is some question whether developers will proceed with AR4 schemes guess this shows they still reckon they can make money from them
Comment by Nicholas Lewis | July 5, 2023 |