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Nordex bolsters itself against Covid-19 with new loan

A new credit facility renders the German wind OEM well-insulated in the face of headwinds from the coronavirus crisis.

Photo: Nordex

German wind turbine manufacturer Nordex secures approval of revolving credit facilities amounting to EUR 350 million.

The loan was facilitated through a credit guarantee program under German authorities, established to address the Covid-19 crisis.

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Nordex books deficit of EUR 133m in Q2

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