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German wind turbine manufacturer Nordex said it extended its €1.
2 billion loan until April
2023.
The loan was provided
by a consortium of 21 national banks and international banks led by Banca IMI, BNP Paribas, Commerzbank, HSBC and UniCredit Bank.
Nordex added that the line of credit is unsecured and includes a €100 million supplementary loan that can be used to draw down bilateral bank loans or guarantees
.
The German wind turbine maker added that analyst agency ISS Oekom rated the loan as Environmental, Social and Corporate Governance B, proving its sustainability
.
This is a further boost to Nordex, which reported a surge
in first-quarter orders earlier this month.
The manufacturer also forecasts an increase in sales this year and says it has the ability to
execute orders despite the uncertainty of the coronavirus pandemic affecting its business.
German wind turbine manufacturer Nordex said it extended its €1.
2 billion loan until April
2023.
The loan was provided
by a consortium of 21 national banks and international banks led by Banca IMI, BNP Paribas, Commerzbank, HSBC and UniCredit Bank.
Nordex added that the line of credit is unsecured and includes a €100 million supplementary loan that can be used to draw down bilateral bank loans or guarantees
.
The German wind turbine maker added that analyst agency ISS Oekom rated the loan as Environmental, Social and Corporate Governance B, proving its sustainability
.
This is a further boost to Nordex, which reported a surge
in first-quarter orders earlier this month.
The manufacturer also forecasts an increase in sales this year and says it has the ability to
execute orders despite the uncertainty of the coronavirus pandemic affecting its business.
