Within the framework of the international WindEurope trade fair, held at IFEMA, Navantia Seanergies addressed one of the main challenges currently facing offshore wind: ensuring the bankability of large-scale offshore projects at a time when the financial robustness of the supply chain is critical to risk mitigation and to attracting investment.
The session, held at the company’s stand, brought together Iván Menéndez, Head of Treasury and Financial Operations at Navantia; Marisa Cobos, Head of Structured Finance for Energy and Natural Resources at CaixaBank; Giovanni Inglisa, Head of Financial Institutions and Securitisation at the European Investment Bank (EIB); and Eduardo Real de Asúa, Chief Executive Officer of Howden Iberia.
The panel analysed current financing conditions for offshore wind projects from the perspectives of industry, commercial banking, institutional development finance and the insurance sector, as well as their impact on the financial structuring of large-scale projects.
Among the key takeaways, the discussion highlighted the need for available financial instruments to be effectively transferred to the supply chain, facilitating access to financing that strengthens industrial capabilities, supports investment in production capacity and accompanies the growth of the sector. The speakers also underlined the importance of moving towards balanced risk-sharing structures and realistic delivery schedules that provide greater certainty across the entire value chain.
These factors were identified as essential to reducing uncertainty, improving the economic and financial viability of projects, and enhancing their resilience, beyond approaches focused solely on CAPEX volume.
This session forms part of the Offshore Wind & Coffee series organised by Navantia Seanergies during WindEurope and reflects the company’s commitment to fostering sector-wide dialogue and to consolidating a strong, local supply chain with industrial capacity as a cornerstone for the sustainable development of offshore wind.