Part 3/7:
Yet, conflicting reports reveal that just days earlier, HMC Capital had engaged advisory firm Lazard to find buyers for the same portfolio. This apparent contradiction underscores a fundamental issue: capital investors are becoming hesitant to commit long-term funds to renewable projects. As one observer notes, if these ventures cannot generate profitable returns, international companies eager to develop renewables will simply walk away.
The Dependence on Government Subsidies
The financial underpinnings of renewable projects are heavily reliant on government support. Ross Ghano, an industry analyst, confirmed that nearly every wind and solar project in development depends on subsidies or revenue underwritings to stay afloat.