BlackRock Real Assets has substantially increased its investment in South Korean offshore wind platform KREDO as part of its 'dual-pronged strategy' of accessing the country’s renewables market.
To be precise, it’s more the tax relief that accompanies the government’s ‘energy profits levy’ that encourages more oil and gas production rather than clean energy investment.
The outlook for investment in wind projects in Vietnam is ‘very positive’, despite continuing regulatory uncertainty and some of the usual risks that come with investing in developing markets.
The green investment specialist has tapped Iberdrola’s former managing director of offshore wind, Jonathan Cole, to serve as CEO of Corio Generation, which will be a standalone company.
K2 Management’s Gary Bills explains how this often-overlooked challenge is threatening the industry and what the UK needs to do to solve the problem.
Responding to the energy crisis, the UK has fast-tracked a 2050 zero-carbon electricity pledge to 2035. That brings with it some very serious security-of-supply doubts.