Deutsche Bank, DZ Bank, Unicredit, and German development bank KfW are among 13 credit institutions in the consortium.
Commenting on the transaction, juwi Corporate Finance head Sascha Röber said that for the juwi group, the signing of the syndicated loan is a key component of the company’s business finance.
juwi CFO Martin Winter said, "This syndicated loan is the financial basis for our operative business in the next three years.
"The principal of debt exceeds the minimum volume targeted by us. Moreover, five new banks, including the KfW banking group, have taken a share in the loan. Thus, we gain immensely in planning certainty and stability for the next strategic steps."
According to the company, the financial volume being provided can be increased by one fourth compared to the previous, exclusively bilateral financial commitment.
During the previous year, juwi was leading the onshore wind market in terms of new installations.
