Bloomberg News

Banks Hesitate to Finance Energy Projects, Handelsblatt Says

January 04, 2012

Jan. 4 (Bloomberg) -- German banks are hesitant to fund energy projects including offshore wind parks and power plants fired with gas turbines, as the European debt crisis complicates rules to finance large, long-running projects, Handelsblatt said in a statement previewing tomorrow’s edition, citing experts including Thomas Kresser, finance chief of Alstom SA in Germany.

--Editor: Jeffrey Donovan

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net


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