Nordex Group Secures EUR 2.475 Billion ESG-Linked Syndicated Facility to Enhance Financial Flexibility

The Nordex Group has concluded a new ESG-linked syndicated Multi-Currency Guarantee Facility with a total volume of EUR 2,475 million, the company announced today. The facility, which carries a 5-year maturity and improved terms including a material reduction in interest rates, provides the wind turbine manufacturer with a larger, more flexible, and cost-efficient financing framework for the period from 2026 to 2031.

The transaction was arranged with the support of three leading international banks: Commerzbank Aktiengesellschaft (also acting as Bookrunner and Facility Agent), Intesa Sanpaolo - IMI CIB Division (also acting as Global Coordinator, Bookrunner and Sustainability Coordinator), and UniCredit Bank GmbH (also acting as Bookrunner, Documentation Agent and Process Coordinating Agent). The overall facility is based on commitments from a total of 15 financial institutions. Freshfields and Clifford Chance served as legal advisors on the deal.

Dr. Ilya Hartmann, Chief Financial Officer of the Nordex Group, said: 'We've been on a journey as an institution for the last 5 years. After a complete reset of the balance sheet to a solid level, a full business turnaround to industrial levels with achievement of our mid-term goals; the refinancing marks the completion of the turnaround of the company on a holistic level.'

The new facility is linked to environmental, social, and governance (ESG) criteria, reflecting the company's commitment to sustainability. Guarantee facilities are a crucial financing instrument in the wind energy industry, used to provide guarantees related to customer projects and other contractual obligations in many markets where the group operates. The increased volume and improved conditions signal strong confidence from banking partners in Nordex's business development and long-term prospects.

Hartmann added: 'The successful refinancing of our ESG-linked syndicated Multi-Currency Guarantee Facility has secured us a strong and reliable framework for the coming years. This facility enhances our financial flexibility, enabling us to support customers in the relevant regions by helping our sales teams convert opportunities into orders and executing our order backlog with discipline.'

The Nordex Group has commissioned more than 64 GW of wind power capacity in over 40 markets since 1985 and generated consolidated sales of around EUR 7.6 billion in 2025. The company employs over 11,100 people and operates manufacturing facilities in Germany, Spain, Brazil, India, and the USA. Its product portfolio focuses on onshore turbines in the 4 to 7 MW+ classes designed for markets with limited space and constrained grid capacity.

More details are available in the original release.