Wind Power in Denmark. How did it start?. Wind Power in Denmark. 1st Oil crisis in 1973-74 Denmark in 1974 100% import of oil, gas & coal 0% domestic hydro, wind and nuclear Denmark in 2004 Net export of oil & gas 20% wind penetration. Wind Power in Denmark. Federal Authorities –
Wind Power in Denmark
How did it start?
guidelines for permitting
Full recourse loan
Flexible loan documentation
Acceptable credit rating of guarantor and/or buyer
Project should be commercially viable
Complex security package
No guarantor required - only project cash flow
Project must be bankable
Expensive and time- consuming due diligence.
Expensive and time-consuming documentation