Annual Press Conference on April 26, 2018 at 10.30 am
The annual press conference will take place on April 26, 2018 at 10.30 am. In addition we will provide a livestream.
Experienced private owners for HSH – remaining legacy assets to be carved out
HSH Nordbank AG is to become a corporate bank with entirely private shareholders, including independent affiliates of Cerberus European Investments, J. C. Flowers & Co., GoldenTree Asset Management, Centaurus Capital LP and BAWAG. The federal state owners Hamburg and Schleswig-Holstein and the Savings Bank Association of Schleswig-Holstein have concluded a contract to sell all of their indirectly held HSH Nordbank AG shares (in total 94,9 percent), thus achieving the first successful privatisation of a federal state bank in Germany.
Infrastructure - HSH focuses on new growth market areas
HSH Nordbank is increasingly backing the growth sectors of broadband, energy contracting and storage in the European infrastructure market - and its efforts have met with success: “In these parts, the competition on this highly attractive market is mainly international. But I see us as the leading domestic name,” said Dr. Marcus Kleiner, Head of Infrastructure & Rail at HSH Nordbank.
HSH Nordbank to finance Brotorp wind farm in Sweden for BlackRock
HSH Nordbank will provide the investor BlackRock with a long-term loan amounting to about € 31 million to refinance the Brotorp wind farm in southern Sweden. The farm with 14 Vestas 126 type wind turbines and a total capacity of 46.2 megawatts (MW) has been in operation since December 2015.
HSH succeeds in entering the Portuguese market with the refinancing of 2 solar plants
HSH Nordbank will provide the independent French energy producer Neoen long-term loans amounting to about € 30 million to refinance two solar plants in Portugal.
HSH financing Carrickallen wind farm project in the Republic of Ireland
HSH Nordbank is providing Galetech Energy Developments (GED) with long-term finance amounting to about € 43 million for construction of the Carrickallen wind farm project in the Republic of Ireland.
Growth in income and new business for HSH Nordbank
Based on operating successes, considerable progress in reducing costs and legacy assets while showing strong capital ratios, HSH Nordbank is well prepared for its upcoming privatisation: Group pre-tax profit up to the end of September rose to € 201 million (January - September 2016: € 183 m).
HSH Nordbank finances a portion of the Q-Park acquisition for KKR
HSH Nordbank is making available to investment firm KKR a portion of the Q-Park acquisition finance and revolving facility totalling around EUR 1.4 billion as a mandated lead arranger in a global syndicate.
HSH finances Europe’s largest wind farm: Electricity for 500,000 households
HSH Nordbank as part of a syndicate of banks is financing Europe’s largest wind farm installation with an amount of Euro 500 million, the 650-MW Mark-bydgen ETT project in North Sweden. In addition to HSH Nordbank, the syndicate includes Nord LB, KfW IPEX, the EIB and Euler Hermes. On completion, the wind farm will have a total capacity of 650 megawatts (MW) - a volume large enough to supply well in excess of 500,000 households with power for one year.