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it takes more something like 6-12 months onshore (and yes, probably 2 years offshore) to go from financing to operations.

But at financing, you need to have entered into your power purchase agreements, in order to lock in the revenue you need to justify the funding (if you are not in a FIT regime), so you - or rather the buyer - have made at that point whatever bet you wanted to make on power/gas prices.

Wind power

by Jerome a Paris (etg@eurotrib.com) on Wed Mar 30th, 2011 at 06:45:53 AM EST
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