Marion Hill, Senior Vice President at DNV, discusses how renewable energy financing is scaling up to compete with traditional energy sectors.
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“These are tremendous size of portfolios and financings that really starting to reflect the size of financing in oil and gas or nuclear industries, and attracting some major larger players to come into the space and be able to write these type of check sizes.”
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More from Marion Hill
PredictionDidn’t hold up
Hill: 2023 renewable installations will drop significantly below 2022 levels
“We'll see a much lower install capacity in twenty-twenty-three of renewables than in twenty-twenty-two, or than what was projected due to supply chain constraints.”
Marion HillDec 13, 2022▶ 5:08The trends shaping the energy transition [partner content]
AssertionSupported
Hill cites multi-billion dollar project financings across wind and solar
“When we look at the size of the offshore wind portfolio, Vineyard Wind secured 2.3 billion dollar loan for their vineyard financing. Our NG recently closed an eight hundred million Dollar loan for a portfolio of wind and solar assets, or Intersect Power that s…”
Marion HillDec 13, 2022▶ 3:50The trends shaping the energy transition [partner content]
AssertionNot checkable as stated
Hill: Digital Startups Are Raising Major VC to Streamline Interconnection
“There's new, a lot of new digital startups at VentureCap raising tremendous amount of capital right now to rethink the entire process and ensure that we have better data at every step of the process to make it more efficient.”
Marion HillDec 13, 2022▶ 8:28The trends shaping the energy transition [partner content]
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