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||Annual Report 2017|
|January 2018||Use of Proceeds||EUR 275m||5 years||Germany||Wind|