Nordex has agreed a €950 million credit facility and a €450 million cash facility for the deal with 14 national and international banks

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Nordex has agreed a €950 million credit facility and a €450 million cash facility for the deal with 14 national and international banks. The agreement has been structured in such a way that following the completion of the merger with Acciona Windpower (AWP) it can be widened to include banks covering the Spanish wind turbine manufacturer´s markets, particularly growth markets such as South Africa, Mexico and India. If necessary, the credit facility can be increased to up to EUR 1.2 billion.
List of the country updates

Country updates

  • December 21, 2015

    Agreement announced

  • December 21, 2015

    Philips North America has announced it will buy power from the wind farm

  • December 21, 2015

    Sunedison has agreed to sell the project to Terra Nova Renewable Partners

  • December 21, 2015

    General Electric Financial Services has agreed to sell 49.9 % of its stake in the project to Whitehelm Capital

  • December 21, 2015

    Fairfield Wind, LLC, which is majority owned and managed by Foundation Windpower, has agreed to sell the project to Greenbacker Renewable Energy Company

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