Subtittle if needed. If not MONTH 2018Published in Month 2018Financing and investment trendsThe European wind industry in 2021windeurope.orgThe European wind industry in 2021Published April 2022Financing and investment trendsTEXT AND ANALYSIS:WindEurope Business IntelligenceGuy Brindley, WindEuropeEDITORS:Rory O’Sullivan, WindEuropeJérôme Guillet, WindEurope’s Finance Working Group vice-chairDESIGN:Lin Van de Velde, DrukvormINVESTMENT DATA:Clean Energy PipelineIJ GlobalAll currency conversions made at EURGBP 0.8596 and EURUSD 1.1827. Figures include estimates for undisclosed values.COVER PHOTO:© EnerconMORE INFORMATION:policy@windeurope.org+32 2 213 18 68This report summarises financing activity across the European wind energy sector from 1 January to 31 December 2021. Unless stated otherwise the data and analysis covers the 27 EU Member States and the following countries: Bosnia and Herzegovina, the Faroe Islands, Kosovo, Montenegro, North Macedonia, Norway, Russia, Serbia, Turkey, the UK and Ukraine.The report includes investment figures for the construction of new wind farms, refinancing transactions for wind farms under construction or operation and project acquisition activity. Rounding of figures is at the discretion of the author.New asset figures for 2020 have been restated from the previous report.DISCLAIMERThis publication contains information from external data providers. Neither WindEurope, nor its members, nor their related entities are, by means of this publication, rendering professional advice or services. Neither WindEurope nor its members shall be responsible for any loss whatsoever sustained by any person who relies on this publication.CONTENTSEXECUTIVE SUMMARY ....................................................................