Nordex Green Bond Climate Bond Standard Verification Report

The Nordex Green Bond was verified by DNV GL against the Climate Bond Standard version 2.1. The audit concluded that the bond's pre-issuance procedures and evidence are sufficient for compliance. The bond's proceeds are designated for refinancing a previous Green Schuldschein and investing in the development of the Delta4000 wind turbine, both of which fall under the Wind Energy Generation category. The verification process involved desktop reviews and interviews, resulting in no corrective action, clarification, or forward action requests.

• The pre-issuance verification determined that Nordex SE has provided sufficient evidence and procedures to comply with the Climate Bond Standard version 2.1 requirements.
• The Nordex Green Bond is intended to raise up to EUR 500 million, with proceeds allocated to two specific purposes: the refinancing of EUR 412.5 million of a previous Green Schuldschein and an investment of EUR 87.5 million in the development of the Delta4000 Wind Turbine.
• The nominated projects and assets are classified under the Wind Energy Generation category, specifically including manufacturing facilities and projects for the construction of wind turbine hardware.
• The verification audit, which included desktop reviews of documentation and interviews with personnel from Nordex SE and UniCredit Bank AG, resulted in no corrective action requests (CAR), clarification requests (CL), or forward action requests (FAR).

APA

Climate Bonds Initiative (n.d.). Nordex Green Bond Climate Bond Standard Verification Report. https://www.climatebonds.net/files/drupal-files/files/Nordex_2_Pre%20Issuance_Signed.pdf

Chicago

Climate Bonds Initiative. Nordex Green Bond Climate Bond Standard Verification Report. n.d. https://www.climatebonds.net/files/drupal-files/files/Nordex_2_Pre%20Issuance_Signed.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Nordex Green Bond Climate Bond Standard Verification Report |url=https://www.climatebonds.net/files/drupal-files/files/Nordex_2_Pre%20Issuance_Signed.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendnordex, author = {{Climate Bonds Initiative}}, title = {{Nordex Green Bond Climate Bond Standard Verification Report}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/Nordex_2_Pre%20Issuance_Signed.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }