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Replacing Offshore Wind Turbines Costs Millions. What North American Operators Can Learn from Europe’s Loss Lessons

Offshore wind energy in North America is in the early stages of development, but insurance and risk management in the sector is already well established, at least in Europe. “We are not starting from scratch,” said Michael Gosselin, global leader for energy and transition risk at Liberty Mutual. “We already play an active role in the energy transition, from project financing through ...
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