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Europe's booming wind energy industry is being exploited by criminals who see the opportunity to tap into billions of euros' worth of European Union subsidies, according to Kroll, the corporate investigations and security group.
Organised groups linked to the Italian Mafia are among those to have infiltrated the industry, Jason Wright, senior director of Kroll's consulting group, told The Times.
While emphasising that the overwhelming majority of European wind projects were "entirely legitimate", he said that criminals were increasingly investing in the industry, both to qualify for subsidies and to launder profits from drug-running and other illegal activities.
Kroll, he added, was doing brisk business conducting due diligence on renewable energy projects on behalf of big banks and other potential investors.
