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GL Garrad Hassan says it provided Mitsubishi Corp. with pre-investment strategic advice on approaching the European offshore wind energy market, as well as performed the due diligence associated with the technical risks involved.

Earlier this month, Mitsubishi acquired a 50% interest in the 129 MW Luchterduinen offshore wind project, located off the coast of the Netherlands. According to GL Garrad Hassan, the investment demonstrates that the offshore wind energy sector is continuing to broaden its access to the sources of capital needed to develop and build such major projects.



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