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The Green Investment Bank (GIB) has announced that Christine Brockwell will take up the role of managing director of offshore wind. Offshore wind is one of GIB’s mandated priority investment sectors and is expected to have the largest share of GIB’s initial GBP 3 billion capital.
In its first six months of operation, GIB’s focus has been the secondary market for operating assets, investing in existing offshore wind projects to allow capital to be recycled into new projects. The appointment of Christine coincides with the expansion of GIB’s offshore wind investment strategy, which will see it continue to invest in secondary markets as well as now investing in offshore projects in the construction stage. Christine, who joins GIB’s London office from Germany, was previously a Director at Global Capital Finance.
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