Inflation risk recedes for new European renewables as developers absorb higher costs
February 4, 2023 Comments Off
The threat posed by rising inflation to European renewable energy project development has receded, with mass abandonments avoided last year in part because investors accepted lower returns, lawyers from Bracewell LLP told a roundtable of journalists Jan. 31. In October 2022 the law firm said inflation and currency effects had squeezed Europe’s wind and solar developers, with contractors reporting steel…
Inflation risk recedes for new European renewables as developers absorb higher costs
The threat posed by rising inflation to European renewable energy project development has receded, with mass abandonments avoided last year in part because investors accepted lower returns, lawyers from Bracewell LLP told a roundtable of journalists Jan. 31. In October 2022 the law firm said inflation and currency effects had squeezed Europe’s wind and solar developers, with contractors reporting steel…
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