The German wind-turbine maker says it will use the money to finance growth, including penetrating new markets; to research “newwind turbines”; and to strengthen its equity ratio and repay debts.
After selling down modestly this morning on news of the capital increase, Nordex shares have since pressed higher, trading up1.6% at €10.36 by midday.
The timing of the capital increase looks fortuitous, with Nordex sharesup
