wpd successfully places first promissory note loan for institutional investors

Wind Industry Profile of

wpd AG, Bremen, have successfully placed their first promissory note loan in the amount of Euro 68.5 Mio. for institutional investors.

The promissory note loan was well oversubscribed. Bayerische Landesbank has been the Sole Lead Arranger. With this step, the company will be independent from existing financing structures, at the same time tapping additional financial sources for international growth. Currently, the German project developer and operator is active in 18 countries in the business sectors wind onshore, wind offshore and photovoltaics. “We are planning to continue our growth process in existing and new markets in Asia, Latin America and Europe, and we are looking for additional committed employees to support our teams”, says company... ... More: Official Press Release wpd

Keywords:

wpd, loan, investor, growth