wpd AG on International Growth Track
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 spokesperson Christian Schnibbe.
About wpd group
wpd is a developer and operator of on- and offshore wind farms, acting world-wide, operating in 18 countries, with head offices in Bremen, Germany. In more than 20 years, the company has implemented projects with 2,080 wind turbine generators and a total capacity of 4,100 MW. Internationally, wpd is planning projects with a scope of 7,500 MW onshore and more than 5,600 MW offshore. www.wpd.de
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