WindEurope’s Financing and Investment Trends 2016 show Europe raised a total of €43bn last year for the construction of new wind farms, refinancing operations, project acquisitions and public market fundraising – up 22% from €35bn in 2015.
New asset financing for wind power projects reached €27.6bn in 2016 with a record breaking €18.2bn in offshore wind. Onshore wind investments dropped by 5% to €9.4bn, the first decrease in five years. The UK was the biggest market in 2016 with €12.7bn raised for new onshore and offshore projects, Germany came second with €5.3bn.