While energy companies such as Dong and Vattenfall have invested massively in offshore wind for many years, the enthusiasm among European equity funds and investment banks has been more modest. The offshore appetite among pension funds has existed for several years, but particularly in recent years this trend has been lead by Danish pension funds. And now, investment banks and other equity funds are joining in.
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Ahead of Thursday’s long awaited meeting between EU’s energy ministers, the EU Commission still has yet to rubber-stamp any proposed solutions to the energy crisis. According to a commissioner, preparations are still underway for the meeting – and gas prices are in focus, according to documents leaked Wednesday.