29 Nov '11, 1am

Cameron looks overseas for offshore wind investment

The Prime Minister will today call on investment funds, pension funds, and sovereign wealth funds to direct some of their considerable resources towards transforming the UK into a "world leading" offshore wind market. Ministers and officials will meet just under 50 potential investors at a central London conference later today designed to promote offshore wind as a "stable, long-term and lucrative investment", and explore the barriers that may be putting investors off the sector. FURTHER READING IEA: Renewables fastest growing energy sector Will Vattenfall take up £150m loan for world's largest offshore wind farm? In a statement handed out to delegates as part of the welcome pack, Prime Minister David Cameron throws his support behind offshore wind as a means of diversifying and decarbonising the UK's long term energy mix. "I see offshore wind as a significant energy and i...

Full article: http://www.businessgreen.com/bg/news/2128268/cameron-look...

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