NeXtWind Secures €1.4 Billion for Renewable Expansion in Germany
Deal News | Jul 01, 2025 | Sandbrook Capital
NeXtWind, a renewable energy company based in Berlin, has successfully secured €1.4 billion in debt financing to support the modernization and expansion of its wind farm capacities across Germany. This deal, facilitated by a novel financing model for the onshore wind market, is currently the largest of its kind for an independent wind energy provider in Germany. The financing package, including a €1.3 billion accordion facility, marks a pivotal point for industry integration of debt investments and is structured to augment wind farms to over 3 GW by 2028. By implementing a bundling strategy and optimizing existing wind farms through repowering, NeXtWind is set to transform these facilities into clean energy hubs with contributions from major banks and financial partners like Deutsche Bank, ING Bank, and LBBW. This substantial funding showcases market trust in NeXtWind's mission, bolstering international investment in Germany's renewable energy landscape.
Sectors
- Renewable Energy
- Financial Services
Geography
- Germany – The primary geographical focus is Germany where NeXtWind is operating and expanding its wind energy facilities.
- Europe – NeXtWind's long-term strategy includes building sustainable energy infrastructure across Europe.
Industry
- Renewable Energy – This industry is pertinent as NeXtWind operates in the renewable energy sector, focusing on wind energy generation and repowering wind farms.
- Financial Services – The financial services sector is involved through the provision of debt financing by banks and financial advisors like Deutsche Bank, ING Bank, and Lazard.
Financials
- €1.4 billion – Debt financing secured by NeXtWind for modernization and capacity expansion.
- €1.3 billion – Additional accordion facilities available to NeXtWind over coming years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NeXtWind | Target Company | Company | NeXtWind is a renewable energy provider focused on acquiring and optimizing wind farms. |
| Sandbrook Capital | Investor | Company | Sandbrook Capital is an investor providing financial backing to NeXtWind. |
| Lars B. Meyer | Co-CEO | Person | Lars B. Meyer is the Co-CEO of NeXtWind responsible for strategic leadership. |
| Lazard | Financial Advisor | Company | Lazard structured the financing and served as the exclusive financial advisor to NeXtWind. |
| Deutsche Bank | Financial Institution | Company | Deutsche Bank acts as underwriter, mandated lead arranger, bookrunner, and global coordinator for the financing. |
| ING Bank | Financial Institution | Company | ING Bank serves as Green Loan Coordinator and Facility and Security Agent. |
| LBBW | Financial Institution | Company | LBBW acts as an underwriter, mandated lead arranger, and bookrunner. |