The Nordex Group has concluded a new ESG-linked syndicated Multi-Currency Guarantee Facility with a total volume of EUR 2,475 million, according to a press release. The facility, which carries a 5-year maturity, offers improved terms and conditions, including a material reduction in interest rates on a like-for-like basis. This new financing framework provides the company with greater flexibility and cost efficiency for the period from 2026 to 2031.
The facility 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 supported the deal as legal advisors.
Dr. Ilya Hartmann, Chief Financial Officer of the Nordex Group, commented on the significance of the transaction: "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 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." Hartmann added that the increased volume and improved conditions reflect the confidence of banking partners in Nordex’s business development and long-term prospects.
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. This announcement is important because it signals the completion of Nordex's financial turnaround and provides the company with a stronger capital base to execute its growth strategy. The ESG-linked nature of the facility also underscores the company's commitment to sustainability, aligning its financing with environmental, social, and governance criteria. This move is likely to enhance investor and customer confidence, enabling Nordex to better compete in the global wind energy market.
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 currently has more than 11,100 employees with a manufacturing network that includes factories in Germany, Spain, Brazil, India and USA. Its product portfolio is focused on onshore turbines in the 4 to 7 MW+ classes. For more information, the original release can be viewed at www.newmediawire.com.
