Fundamentally unchanged shareholder structure at Nordex AG following termination of a shareholders’ agreement

Hamburg, 4 June 2009. At Nordex AG a long-standing agreement on the assignment of shares held by the major shareholders CMP und Goldman Sachs has expired on schedule.

The size of the individual blocks of shares held by the former and future major shareholders remains virtually unaffected by this. There will simply be a technical reclassification in assignment and previously pooled shares will now be reported separately. 

The Klatten family remains the largest shareholder with a stake of 21.83 percent while the CMP investment company will hold 24.05 percent in future. Of this amount Goldman Sachs will continue to hold 10.6 percent via an associated Dutch company (Stichting). HSH Nordbank will also be retaining its 2.15 percent although this will in future be assigned to the free float.

The Group has installed more than 29 GW of wind energy capacity in over 40 markets and in 2019 generated revenues of EUR 3.3 billion. The company currently employs a workforce of approx. 7,900. The joint manufacturing capacity includes factories in Germany, Spain, Brazil, the United States, India, Argentina and Mexico. The product portfolio is focused on onshore turbines in the 2.4 to 5.X MW class, which are tailor-made for the market requirements in countries with limited space and regions with limited grid capacity.