Industry maturity and competition for green assets bring €51.2bn of wind energy investments in 2017

In 2017 the wind energy industry invested €51.2bn in Europe. This included investments in new assets, refinancing transactions, mergers and acquisitions at project and corporate level, public market transactions and private equity raised. Wind energy represented the largest investment opportunity in the power sector, accounting for half of all investments in 2017. The technology is seen as a major driver for moving beyond fossil fuels and conventional power assets. Cost competitiveness and reduced risk perceptions have brought in domestic and international market players looking to diversify their portfolios and/or align with their sustainability targets.

Europe invested a total of €51.2bn in wind energy in 2017, accounting for half of all power sector investments in that year. The total investment figure was up 9% on 2016. The development of new wind farms accounted for €22.3bn of this figure. These figures form part of WindEurope’s recently published ‘Financing and Investment Trends’ report. The €22bn invested in new wind farms was down on the €28bn invested in 2016, but it covered more capacity: 11.5 GW compared to 10.3 GW, reflecting the falling costs of wind energy.

The rest of the investment went on the refinancing of existing wind farms, the acquisition of projects and companies involved in the wind sector and on public market fundraising.Read more…

Article published in: FuturENERGY April 2018