Project Finance, Renewable Energy and Biomass: The Barclays Viewpoint

Project financing of renewable energy projects has been on the radar of banks for a good few years. Gareth Miller, Head of Renewable Energy Project Finance, Barclays Commercial, discusses how the credit crunch has impacted upon activity and how he sees this area of investment in the post-crisis environment we find ourselves in today. Next, he talks about the type of renewables project which Barclays Commercial is engaged in financing and outlines the key factors which banks must take into consideration when entering into the financing of bio-energy projects. And for other banks looking to invest in this area, he offers his own view of whether the returns are coming through as anticipated. Next the interview addresses the different lending structures available and also how risk mitigation is handled at Barclays Commercial? Finally, Gareth discusses how he sees Barclays Commercial’s involvement in the renewables field developing in the next 5 years. Gareth Miller will be presentating at the EU Biomass Forum 2010, taking place from 27th - 29th October in London. For details about this event, please visit www.biomassforum.eu, email enquire@iqpc.co.uk or call 0800 652 2363.