Wind and solar energy project developers are facing more conservative financing, according to BNP Paribas. A new era of unsubsidised projects will mean there is a smaller pool of possible lenders, leading to lower debt ratios, the bank said. BNP Paribas is one of the largest providers of project finance debt for renewable energy schemes and aims to double cumulative lending to €15bn ($18bn) by market than a few years ago.
Wind and solar energy project developers are facing more conservative financing, according to BNP Paribas. A new era of unsubsidised projects will mean there is a smaller pool of possible lenders, leading to lower debt ratios, the bank said. BNP Paribas is one of the largest providers of project finance debt for renewable energy schemes and aims to double cumulative lending to €15bn ($18bn) by 2020.