14 May 2024
Fluxys chief looks to pension funds for finance as banks back off
Publication date: 26 January 2012
Gas Strategies Group
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Raising finance for major energy infrastructure projects from banks is becoming increasingly difficult, said Walter Peeraer, chief executive of Belgium’s natural gas transmission system operator Fluxys. Speaking at the European Gas Conference in Vienna on Tuesday, Peeraer said banks are “more and more reluctant to finance industrial risk”, leading project backers to look for alternative finance sources.