Nordex SE

 

 

 

 

 

 

 

Nordex are developers and manufacturers of powerful wind turbines, which have been deployed around the world. In addition to the technical design, it also develops rotor blades and the integrated electrical and control technology for wind turbines.

 

As of early 2018, it has installed over 21 GW of wind generation capacity across the world. It focuses on onshore wind facilities.

 

Nordex's first issue in 2016 is a Climate Bonds Certified green Schuldschein, making the first Schuldschein to be certified under the Climate Bonds Standard.

The deal in 2016 was split across four tranches with 3, 5, 7 and 10 year tenors. The joint underwriters were Unicredit, Bayerische Landesbank, BNP Paribas, Commerzbank and HSBC.

 

See here for an explanation on a Schuldschein.

 

 

 DATE OF ISSUE   TYPE OF INSTRUMENT SIZE TENOR  COUNTRY OF ISSUE   CLIMATE BONDS SECTOR CRITERIA  VERIFIER'S REPORT  ANNUAL REPORT   FURTHER INFORMATION 
March 2016 Use of Proceeds  EUR 550m 3, 5, 7, 10 years Germany Wind

DNV.GL pre-issue report

DNV.GL post issue report

Annual Report 2017

Summary

Press Release

January 2018 Use of Proceeds  EUR 275m 5 years Germany Wind

DNV.GL pre issue report

post issuance report