Don
Furman,
senior
vice-president
of
external
affairs
at
Iberdrola
Renewables,
says
the
company
“may
do
some
adjustments
to
our
pipeline
to
shrink
to
a
more
appropriate
size”.
Developers
will
have
to
look
for
“niche
opportunities”.
Already,
Iberdrola’s
corporate
parent
in
Spain
is
directing
less
capital
to
the
US.
“A
lot
of
the
capital
that
was
going
to
the
US
is
now
going
to
the
North
Sea
for
offshore
development,
because
they’ve
got
a
stable
regulatory
climate
there
and
a
market,”
Furman
tells
Recharge.
Steve
Trenholm,
chief
executive
of
E.ON…
