Press Release
Herausgeber: Nordex SE
First
• Schuldschein (promissory note) of EUR 550 million placed with terms of three to ten years
• Proceeds primarily to be used to finance the acquisition of Acciona Windpower
• Certification as a “green” financial instrument allowing ESG investors to subscribe
Hamburg (renewablepress) -
The Nordex Group (ISIN: DE000A0D6554) has successfully placed a promissory note (“Schuldscheindarlehen”) worth EUR 550 million with national and international investors. The banking syndicate comprises Bayerische Landesbank, BNP Paribas, Commerzbank, HSBC and UniCredit. Nordex will be using the proceeds of the issue primarily to finance the acquisition of Acciona Windpower, meaning that this transaction is funded on a medium and long-term basis. In addition, part of the proceeds will be used to repay the corporate bond maturing in April.
With this transaction, Nordex is widening its debt capital portfolio with the issue of the world’s first “green” Schuldschein. On the basis of an expert opinion submitted by DNV GL Business Assurance, the Climate Bond Standard Executive Board confirmed that the proceeds were being used solely for purposes with a positive impact on climate and environmental protection. Previously, only conventional “green” bonds had received this certification.
In this way, it was possible for investors required to follow environmental and social standards to subscribe to the investment. These ESG investors account for around 25% of the subscribers to the bonded loan. All told, just under one half of the funds raised were provided by German investors, particularly savings and cooperative banks. More than 50% of the proceeds came from international investors.
“Thanks to the strong demand, it was possible to more than double the originally planned volume of the Schuldschein. In addition to its solid balance-sheet structure, Nordex’s sustainable and stable business model met with great interest. This applies equally to conventional and ESG investors,” says Antonio Keglevich, head of Green Bond Origination at UniCredit Bank, which acted as a green structuring advisor.
The bonded loan is being issued in tranches of 3, 5, 7 and 10 years with fixed or variable coupons. Depending on the tranche, the coupon on the issue date is between 1.5% and 3.0%.
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https://www.iwrpressedienst.de/bilddatenbank/nordex/greenschuldschein.jpg About Nordex
As one of the technological leaders in multi-megawatt wind power systems, Nordex is benefiting from the trend in favour of large-scale turbines. The Generation Gamma range comprises the N90/2500, N100/2500 and the N117/2400, which is one of the most efficient series turbines for non-coastal regions. To date, over 3,600 of these turbines have been produced. With Generation Delta, Nordex is now offering the fourth generation of its proven multi-megawatt platform (N100/3300, N117/3000, N131/3000 as well as the N131/3000 for the German market). Nordex has installed a total of around 7,000 turbines with an aggregate capacity of more than 13,000 MW all around the world. With exports accounting for around 70 percent of its business, Nordex SE also plays a key role in international high-growth regions. The Company has offices and subsidiaries in more 20 countries around the world The Group currently has around 3,300 employees around the world. In October 2015, the Nordex Group announced that it would be merging with the Spanish turbine producer Acciona Windpower.
Hamburg, 31 March 2016
Publication and Reprint free of charge; please send a voucher copy to Nordex SE.
Attention editorial offices: For further questions please contact
Media contact:
Ralf Peters
Telephone + 49 40 300 30 – 1000
E-Mail: rpeters@nordex-online.com
Nordex SE
Langenhorner Chaussee 600
22419 Hamburg
Internet: http://www.nordex-online.com
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Daten werden geladen...Daten werden geladen...About Nordex SE
The development, manufacture, project management and servicing of wind turbines in the onshore segment has been the core competence and passion of the Nordex Group and its more than 7,900 employees worldwide since 1985. As one of the world's largest wind turbine manufacturers, the Nordex Group offers high-yield, cost-efficient wind turbines under the Acciona Windpower and Nordex brands that enable long-term and economical power generation from wind energy in all geographical and climatic conditions.
The focus is on turbines in the 3 to 5MW+ class, and the Group’s comprehensive product portfolio offers individual solutions for both markets with limited space and regions with limited grid capacities. With more than 29 GW of installed capacity worldwide, Nordex Group systems deliver sustainable energy throughout more than 80 per cent of the world’s energy market (excluding China).
Nordex SE is listed on the TecDAX of the Frankfurt Stock Exchange. The management holding company is headquartered in Rostock, while the executive board and administrative offices are based in Hamburg. At production facilities in Germany, Spain, Brazil, the US, and India, the Nordex Group produces its own nacelles, rotor blades and concrete towers. The Group also maintains offices and branches in more than 25 countries.
Press Contact
Felix Losada
Nordex SE
E-Mail: flosada@nordex-online.com
Phone: +49 - (40) - 300 30 - 1141