Macquarie Capital – the capital-markets arm of Australia’s Macquarie Group – is a significant player in offshore wind globally, as both an investor and an advisor to others. Earlier this year it paid €720m ($797m) for a 49.9% stake in Germany’s 288MW Baltic 2 project.

“We’ve taken a look at all of the [US] offshore wind projects over the last year or two,” Demas said, speaking at a recent industry conference.

“We