Publisher: wpd AG
Renewed A rating: wpd remains stably positive
Bremen (renewablepress) - External rating agencies have rated the development of wpd as stable and positive since 2003. In the current report by Scope Hamburg, the Bremen-based company is also awarded the coveted A rating. The assessment of the stable positive development is based on an extensive analysis and evaluation of the company's data and documents an established market position with an extensive own portfolio of wind farms as well as a comprehensive national and international project pipeline.
"The positive A rating from Scope confirms our successful national and international growth course based on stable earnings positions, a healthy equity structure and a strategic expansion of our activities in key target markets. In addition to a positive development in our German home market we are seeing increasing demand in European, American and Asian core markets where we are pursuing long-term strategies," explains wpd CFO Björn Nullmeyer. In addition to the in-house development of wind farms, a large number of cooperations and the expansion of the solar business ensure a strong market penetration for wpd. "Due to the high degree of diversification, we have been successful even under the general conditions of the Covid 19 pandemic thanks to a great commitment of our employees," says Nullmeyer.
wpd develops and operates onshore and offshore wind farms and solar parks, and is actively engaged in 28 countries around the world; the head office is in Bremen. The German company has already realized wind energy projects with around 2,400 wind turbines and an output of 5,150 MW, and is planning further projects with a total of 12,300 MW onshore, 13,800 MW offshore and 1,650 MWp solar energy.
Bremen, 27 July 2021
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About wpd AG
wpd was founded in Bremen in 1996 and has become one of the leading developers and operators of onshore wind and solar farms in Europe. The group of companies consists of wpd GmbH (project developer and operator), wpd windmanager (commercial management and technical operations) and Deutsche Windtechnik (maintenance and engineering).
With 3,700 employees worldwide, wpd has implemented projects with 2,630 wind turbines and a total capacity of 6,110 MW, as well as solar energy projects with a capacity of 35 MW.
Besides developing projects in-house, wpd also undertakes project partnerships, commercial construction, contracting, project financing through to completion and the operation of wind and solar energy plants.
In addition to its home market in Germany, wpd is also active in the main wind and solar markets in Europe, in North and South America, and in various countries in the rapidly growing Asian market. The company has built a global project pipeline of 13,870 MW of onshore wind and 2,300 MWp of solar PV. Today, wpd is active in 29 countries worldwide.
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Phone: +49 (0)421 / 16866-10