The Nordex Group has secured a new €2.475 billion ESG-linked syndicated Multi-Currency Guarantee Facility, strengthening its financing framework through 2031 with improved terms, greater flexibility and lower financing costs.
The new facility has a five-year maturity and replaces the company’s existing financing arrangement, providing an expanded and more cost-efficient guarantee framework for the period from 2026 to 2031. Nordex said the refinancing includes a material reduction in interest rates on a like-for-like basis.
The facility was arranged by Commerzbank Aktiengesellschaft, Intesa Sanpaolo – IMI CIB Division and UniCredit Bank GmbH, with commitments from a total of 15 financial institutions. Freshfields and Clifford Chance acted as legal advisors on the transaction.
According to Nordex, the refinancing follows a multi-year transformation that included strengthening its balance sheet and improving operational performance. The company said the new facility enhances its financial flexibility, enabling it to support customer projects, convert sales opportunities into orders and execute its existing order backlog more efficiently.
Guarantee facilities are a key financing instrument in the wind energy industry, providing financial guarantees for customer projects and other contractual obligations across the markets where the company operates.
The company said the increased facility size and improved financing conditions reflect the confidence of its banking partners in Nordex’s business performance and long-term growth prospects.
