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 1996 in Bremen/Germany and has become one of the leading developers and operators of wind on- and offshore and solar farms in Europe. With a staff of 3,200 employees worldwide, the wpd group has realized projects with 2,400 wind turbines and an output of 5,150 MW in total.
In addition to developing projects in-house, wpd also assumes project partnerships, commercial set-up, contractual drafting, project financing until completion and operation of wind turbines. wpd is constantly expanding its international activities and has set up a worldwide project pipeline of 12,300 MW onshore, 13,800 MW offshore and 1,650 MWp solar PV. Today, the company is active in 28 countries worldwide.
Since 2003, wpd has consistently received a first-class A rating from the Euler Hermes agency (Allianz Group). In addition to the positive status quo analysis, this external assessment of creditworthiness also illustrates the company's very good future prospects.
Press contact at wpd AG
Phone: +49 (0)421 / 16866-10