'The industry needs a complete reset'. : The UK’s once-booming offshore wind industry faces years of pain, including project delays and possible cancellations, due to soaring costs and higher interest rates. That’s the view of Per Lekander, chief executive of Clean Energy Transition LLP, a London-based hedge fund that manages $2.6 billion in assets in sectors including renewables, utilities, oil and gas. “The industry needs a complete reset,” he said in an interview.