GCube says its latest deal to insure EP Global Energy’s development of an 80MW, Nordex-equipped project in Chirnogeni, Constanta, Romania, shows how the industry is increasingly looking east amid sluggish conditions in some Western markets.

Pointing to the major investor names involved such as EBRD, ING and Unicredit, Fraser McLachlan, GCube's CEO, says: “There seems to be little doubt that within Europe, the focus for 2013 will be set on looking to the East.

“While