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Offshore wind moves into energy's mainstream

The industry is attracting banks, money managers, private equity funds amid improving technology and falling costs

Published Tue, Feb 7, 2017 · 09:50 PM

Liverpool

WHEN engineers faced resistance from residents in Denmark over plans to build wind turbines on the Nordic country's flat farmland, they found a better locale: the sea. The offshore wind farm, the world's first, had just 11 turbines and could power about 3,000 homes.

That project now looks like a minnow compared with the whales that sprawl for miles across the seas of northern Europe.

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