Abstract
The offshore wind sector has been steadily expanding in recent years, but this has not been without painful lessons learned. This article provides an overview of the main challenges faced, categorised into construction, supply chain and contracting issues. It draws on the author’s experience as Lender’s Technical Advisor in the successful non-recourse financing of a number of offshore wind farms in Europe, supplemented by similar experience with other projects currently seeking financing around the world as well as experience from Owner's Engineer assignments.
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