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Trump victory raises risk of investing in offshore wind projects, says Germany’s RWE

German energy firm shaved €3bn from spending plans for next financial year to €7bn

A German energy giant has warned that Donald Trump’s election victory has increased the risks of investing in offshore wind projects – but his return to the White House could help to bolster Britain’s renewables sector, according to UK developer SSE.

Germany’s RWE has cut its spending plans and warned that, as a result of the US election, “the risks for offshore wind projects have increased”.

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