Lloyd MacNeil Discusses Wind Investments with Windpower Monthly

Lloyd MacNeil, a partner in Akin Gump’s global finance practice, spoke extensively with Windpower Monthly for the article “Investors seek security in uncertain world.”

MacNeil told the publication that steady returns are the driving force behind the strong interest among investors. Someone investing for the long term, he said, “is looking for predictability and, if you’re a pension fund, that’s absolutely what you’re looking for.” He added that wind projects with long-term power purchase agreements can provide predictable income “stretching out ten years, 15 years or longer.”

The article also looks at the growth potential for the wind power market, which MacNeil said will “drive pension fund-type acquisitions for years.” Private equity funds, in particular, could be one source of new money, with Canadian investors serving as “big players.”