Britain's green bank to launch 1 bln stg offshore wind fund

Britain's government-funded bank investing in green energy projects will launch a 1 billion pound ($1.7 billion) fund dedicated to buying stakes in operational offshore wind projects in the country, the bank said on Tuesday. The Green Investment Bank (GIB) participation is a boost to Britain's offshore wind sector which has seen a series of project cancellations over the past few months. In …

Brought to you by Yahoo! News. Read the rest of the article here

Speak Your Mind

*