Jan-Philipp Gillmann, the Commerzbank AG (CBK) manager in charge of renewable energy financing, said higher interest rates may threaten projects in Germany and endanger the country’s plan to exit nuclear power. He spoke in an interview with Die Welt.

If feed-in-tariffs remain flat or fall, the yield on investments in sector projects may reach a level that render investments unattractive, he is cited as saying.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net