• CERAWEEK 2025 | March 10-14, 2025
  • CERAWEEK
  • March 10 - 14, 2025

Allan Baker

Societe Generale

MD - Global Head of Power

Allan has worked at Société Générale for twelve years and has been involved in the power sector for more than 30 years, initially as an engineer and then in finance, during which time he has built up extensive experience in the renewable energy sector as financial advisor and debt arranger. Most recently in Europe Allan has acted as financial advisor for the Hywind Scotland floating windfarm, the acquisition, subsequent debt financing and equity farm-down by EDF-EN of the Neart na Gaoithe offshore windfarm, the successful concession bid, subsequent financing and equity farm-down for the Borssele offshore windfarm (Netherlands) and debt financing for the Dudgeon and London Array offshore wind projects in the UK. In Asia, Allan has been instrumental in the development of the bank’s presence in the Taiwan offshore wind market, where the bank has financed Formosa 1 and Yunlin, and is now acting as Financial Advisor for Formosa 2. He is also the financial advisor for the Thang Long (KeGa) offshore wind project in Vietnam. Allan has a BSc (Hons) in Mechanical Engineering, an MBA, is a Fellow of the Institution of Mechanical Engineers and a Chartered Engineer.

Sessions With Allan Baker

Thursday, 12 March

  • 11:30am - 12:30pm (CST) / -

    Offshore Wind: How fast can it grow?
    Power & Renewables Clean Tech

    In 2019, European offshore wind costs continued to fall, with record-low striking prices in France, the Netherlands, and the United Kingdom. Emerging markets in Asia, North America, and Europe are betting big by significantly increasing their national offshore wind targets. As a result, over 475 GW will be built over the next 30 years, increasing the current installed capacity by over twenty-fold. With technology constantly improving, project complexity increasing dramatically, and annual installations booming, the supply chain will have to adapt to the new ambitions of the industry. How are players along the supply chain preparing to support this next growth wave? Are we going to have a global supply chain or will several regional clusters emerge? Which companies are better positioned to lead this growth? What role will O&G companies play? Will integration and consolidation continue or will specialized players emerge? What’s next in the technology front? Is bigger still better?