RINA strengthens offshore wind due diligence team

Source: press release, 25 July

RINA appointment of Ked Shayer as Senior Consultant
International engineering and consultancy RINA strengthens its offshore wind due diligence team with the appointment of Ked Shayer as Senior Consultant (photo: RINA)

RINA has recently appointed Ked Shayer as Senior Consultant to its offshore wind due diligence team. Ked has had close involvement with a number of large offshore wind and due diligence projects including Gemini, one of the largest renewable energy finance deals and Walney, the first debt financed minority equity investment in the industry. Having worked with both Vattenfall and Scottish Power Renewables, Ked brings a unique client perspective to the RINA offshore business.

“Ked’s track record and broad experience in the offshore wind sector strengthens RINA’s existing capabilities significantly. RINA has already worked on more than 8 GW of offshore wind projects in a wide range of engineering and consultancy roles. We are now looking to further grow our team supporting investors and lenders interested in this exciting industry,” says Fabio Bagnoli, Executive Vice President – Power, at RINA.

“Offshore wind is maturing as a technology, and more and more financial institutions are interested in investment in the sector. Recent cost reduction trends are positive for the long-term viability of the industry; however, cost reduction can lead to increased risk and hence it is crucial to obtain informed technical advice from a strong team of engineers and consultants such as those at RINA.”