Year of transaction: 2018
Our role: Mandated Lead Arranger
Our ideas are extremely innovative - like the energies in which we invest.
Since the middle of the 90s, NORD/LB has been a lender to renewable energy projects and was pioneering in the early financing of wind power. With countless lending mandates now successfully delivered for wind and solar parks, it is one of the top arrangers in the European, American and Australasian market today.
Year of transaction: 2018
NORD/LB arranges combined bond and bank financing
NORD/LB has arranged a combined bank and bond financing (a “hybrid financing”) for Gaelectric Gaelectric, a longstanding client of NORD/LB, approached NORD/LB to arrange a financing to acquire a 46MW wind park in Ireland. In their bank selection process they set two key objectives: a financing solution that delivered the longest debt maturity, combined with the lowest average cost of debt compared to the next available alternative.
First windfarm project finance deal of the NORD/LB in Finland
NORD/LB arranged a project financing of a windfarm in Finland for project developer wpd AG having its headquarter in Bremen, Germany. Overall about 100 millions euro debt capital will be provided by NORD/LB in cooperation with Commerzbank. It is the first renewable energy project financing for NORD/LB on the Finnish market.
NORD/LB and Talanx finance two solar parks in Brandenburg
NORD/LB Norddeutsche Landesbank and Talanx have jointly provided their support with project financing for two solar parks already in operation since 2010 close to the town of Cottbus in South Brandenburg. This marks the first opportunity for NORD/LB to work with the institutional investor Talanx. As part of this strategic cooperation, NORD/LB and investors of the Talanx Group jointly provided long-term loans upon financial close. NORD/LB handled the arrangement of project financing with the sponsors.
NORD/LB finances major wind farm in France
NORD/LB Norddeutsche Landesbank finances the construction and subsequent operation of a major wind farm in France for the Austrian energy producer WEB Windenergie AG (W.E.B). The overall financing volume amounts to EUR 63 million.
NORD/LB finances solar rooftop projects in France in close collaboration with Denmark-based OBTON A/S
NORD/LB Norddeutsche Landesbank has financed further solar rooftop projects in France and, in the course of this, has continued to collaborate with Danish fund manager OBTON A/S. The total financing volume for the three projects closed in 2016 together with OBTON amounts to € 48 million.
NORD/LB completed landmark 198 MWp portfolio solar financing in Australia
NORD/LB took an unprecedented step and provided the largest solar portfolio syndicate financing in Victoria and Queensland with a total financing volume of AUD 231million. Australian renewable energy developer Edify Energy and German investor Wirsol will build and operate these three new large-scale solar farms expected to be completed by Q1 2018.
NORD/LB arranges ECA-covered project financing for 95MW Meenadreen Extension
NORD/LB has provided 17 years non-recourse project finance of EUR 125m for a major new wind farm development in the Republic of Ireland supported by EUR 65m of German Export Credit Agency cover.
NORD/LB finances major wind park in Thuringia
NORD/LB is financing the construction and subsequent operation of a wind farm in Rastenberg, Thuringia, for the German project development company wpd onshore GmbH & Co KG. This is one of the biggest wind farm projects ever financed by NORD/LB in the German onshore market.
NORD/LB arranges financing for the biggest solar park in Europe to date: 90.4 MWp in Germany
NORD/LB has structured and arranged a non-recourse project senior debt financing of app. EUR 104 million to fund construction and operation of a PV plant ("poly- and monocrystalline") located near Briest, Brandenburg, Germany.
NORD/LB finances the "Turnow II" solar park in Brandenburg
NORD/LB has taken over the project financing for the "Turnow II" solar park in the municipality of Turnow-Preilack near Cottbus in the federal state of Brandenburg. This follows the bank's co-financing in 2009 already of the directly adjacent "Turnow I" solar park on the former "Lieberoser Heide" military exercise area.
NORD/LB accompanied innovative financing of a wind farm in the UK
NORD/LB has structured and realized the project financing for the construction and operation of a wind farm in Hyndburn, Lancashire/England with a project volume of around EUR 45 million. The wind farm has a capacity of 24.6 megawatts (MW), and its developer and operator is EnergieKontor AG.
NORD/LB structures financing to back Energia wind farm developments in Northern-Ireland
NORD/LB and Rabobank structured and financed for the company Energia - a member of Veridian Group - the construction and operation of wind farms "Crighshane and Chuch Hill" in Northern Ireland.