| Invested through / Financed by |
|
|---|---|
| Asset class | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| Sector | Sustainable Energy |
| ISIN code | DE000A0D6554 |
| Industry group | Capital goods |
| Sustainable Development Goals (SDGs) |
"Nordex is one of the world's leading producers of wind turbines, solely focused on the onshore wind market. Besides selling equipment, Nordex also has a sizable services business.
The product portfolio includes onshore wind turbines in the power range from 4 MW to more than 6 MW, addressing the requirements of developed as well as emerging markets. Nordex has an installed wind power capacity of almost 44 GW in over 40 markets. The production network comprises plants for turbine assembly and rotor blade production in Germany, Spain, Brazil, Turkey, South Africa, China, India and Mexico. The services business of Nordex is servicing more than 10,000 wind turbines, with ~31 GW under service contracts.
Nordex' headquarters are located in Hamburg, Germany, and the company was founded in 1985."
Investment rationale
As a pure play in the wind energy industry, Nordex contributes to the increase of renewable power production capacity. The company therefore directly helps in the transition towards a net zero emission world, using clean energy and diverting away from fossil fuels. As a pioneer in the renewables industry, Nordex has vast experience in developing, installing and servicing wind turbines. The company has a comprehensive product portfolio suitable for all types of wind installation and it is a top 5 player in the Western world in terms of installed base.