Alstom's problem was a cash crunch over an otherwise sound technical and industrial base.

A lot of the big French companies are still run by people that have engineering expertise. Localised technical problems, however major, CAN be solved - the question is how much it costs. Other kinds of problems cannot all be solved.

So focus on getting the engineering right, and you'll always manage to get the economics and financials right. That's been my approach to offshore wind: the risks are technical risks in industries with long track records of solving technical problems: they will be solved. It's a different kind of risk to betting your company on market growth or price evolution, ie things you cannot control nor influence.

In other words: have only problems that you know YOU can solve.

In the long run, we're all dead. John Maynard Keynes