Press Archive

03/16/2015 NORD/LB finances wind farm in Italy for the first time

NORD/LB provides a non-recourse financing for BayWa r.e. renewable energy GmbH for the construction and operation of a wind farm in the southern Italian region of Basilikata. The wind farm will have a total installed capacity of 46.2 megawatts (MW) when completed, includes an overall investment volume of around EUR 80 million and is the first wind farm to be financed by NORD/LB in Italy.

03/13/2015 NORD/LB makes provisions for risks arising from Hypo Alpe Adria commitment

NORD/LB is currently probing the impacts of the moratorium on payments imposed by Austria's FMA financial supervisory authority in respect of liabilities of Heta Asset Resolu-tion AG (Heta) which is responsible for the liquidation of Hypo Alpe Adria Bank's assets. The moratorium is set for the period ending 31 May 2016 and applies to and for all of Heta's liabilities.

02/13/2015 NORD/LB issues Public Sector Pfandbrief (Öffentlichen Pfandbrief)

NORD/LB Norddeutsche Landesbank has issued a Public Sector Pfandbrief (Öffentlichen Pfandbrief) with a volume of € 500 million. The term of the issue is four years. Shortly after the order book was opened, it had been allocated and was closed again. After just 15 minutes, purchase orders had been received from institutional investors from eight nations with a volume of more than € 1 billion.

01/20/2015 Talanx, NORD/LB and Bankhaus Lampe cooperate on Alternative Investments

The Talanx Group, NORD/LB Norddeutsche Landesbank and Bankhaus Lampe cooperate in the area of Alternative Investments. Talanx will take a stake of 45 percent in investment service provider Caplantic Alternative Assets GmbH. The owners want to develop Caplantic into one of Germany’s leading service providers for Alternative Asset Management and Financial Solutions.