Nordex’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Nordex designs, develops, manufactures and sells wind turbines for the energy industry. Read more

Jose Luis Blanco Dieguez's photo - CEO of Nordex

CEO

Jose Luis Blanco Dieguez

CEO Approval Rating

59/100

Founded:

1985

Status:

PublicOtherNDX1

TOP COMPETITORS OR ALTERNATIVES

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Vestas is one of Nordex's top rivals. Vestas is a Public company that was founded in 1898 in Aarhus, Central Jutland. Vestas competes in the Multi-Utilities industry. Compared to Nordex, Vestas has 18,662 more employees.

SGRE is seen as one of Nordex's biggest rivals. SGRE was founded in 1976 in Zamudio, Vizcaya. Like Nordex, SGRE also works within the Renewable Energy field. SGRE generates $6.6B more revenue than Nordex.

Enercon is one of Nordex's top competitors. Enercon was founded in 1984, and its headquarters is in Aurich, Lower Saxony. Enercon is in the Renewable Energy Equipment & Services industry. Enercon has 11,120 more employees than Nordex.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.7B

Nordex's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 10.8B. Over the last two quarters, Nordex's revenue has decreased by 0%. Specifically, in Q4 2019's revenue was $3.2B; in Q3 2019, it was $3.2B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
SSP Technology A/S

Feb 2017

Source »
undisclosed
SSP Technology specializes in the design, development, manufacture and optimization of wind turbine blades.

These are all the companies that Nordex has acquired. Nordex's latest acquisition was SSP Technology A/S in Feb 2017. SSP Technology specializes in the design, development, manufacture and optimization of wind turbine blades.

Nordex Funding History

$103.2M$518.5M

Since Nordex was founded in 1985, it has participated in 2 rounds of funding. In total Nordex has raised $518.5M. Nordex's last funding round was on Aug 2020 for a total of $415.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$415.3M

Banca Bilbao Vizcaya Argentaria S.A.

Debt
Dec 2015
$103.2M
-

Total Funding: $518.5M

Since Nordex was founded in 1985, it has participated in 2 rounds of funding. In total Nordex has raised $518.5M. Nordex's last funding round was on Aug 2020 for a total of $415.3M

Investments

No recent investments found related to Nordex

Nordex News

September 14, 2020Windpower Monthly

Nordex installs first N149/5.X turbine

A new gearbox and scaled-up electrical system has boosted the power rating of Nordex's first installe... See more »
September 14, 2020MarketScreener

Articles of Association Nordex SE 08/13/2020 (Convenience Translation only)

(marketscreener.com) Non-Binding Convenience Translation only! Articles of Incorporation of Nordex SE... See more »
September 11, 2020Re News

Gearbox exchange advances Nordex N149 testing

Gearbox exchange advances Nordex N149 testing... See more »
September 7, 2020Re News

Nordex wraps up first Wieringermeer phase

Nordex wraps up first Wieringermeer phase... See more »
September 1, 2020Re News

Nordex toasts 1GW Finnish turbine milestone

Nordex toasts 1GW Finnish turbine milestone... See more »
September 1, 2020MarketScreener

The Nordex Group sells 1 GW of capacity in Finland since market entry

(marketscreener.com) DGAP-Media / 01.09.2020 / 07:30 Hamburg 1 September 2020. September marks the ni... See more »
August 31, 2020Re News

Nordex completes first down at 475MW Nysater

Nordex completes first down at 475MW Nysater... See more »

Nordex Press Releases

January 11, 2019Central Charts

Nordex Group signs major contract for 150 MW project in the USA

With a major order from the USA, the Nordex Group has successfully completed the 2018 year-end spurt ... See more »
January 10, 2019CENTRALCHARTS

The Nordex Group to build two more wind farms for Vattenfall in the Netherlands

The Nordex Group has received in the last quarter of 2018 an order from Vattenfall to supply and inst... See more »
January 10, 2019CentralCharts

The Nordex Group to build two more wind farms for Vattenfall in the Netherlands

The Nordex Group has received in the last quarter of 2018 an order from Vattenfall to supply and inst... See more »
November 6, 2016NewsMaker

Green Energy Market Growth Analysis, Sales and Trends Forecast to 2021

The Green Energy market research report is a professional and in-depth study on the current state of ... See more »
September 22, 2016WebWire

Lufthansa Aerial Services enters into a partnership with the Nordex Group

Lufthansa Aerial Services (LAS) and the Nordex Group have formed a strategic partnership to jointly d... See more »

Headquarters

Langenhorner Chaussee 600

Hamburg, Hamburg22419

49-40-300-30-1000

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Summary

ABOUT

Overview

Nordex designs, develops, manufactures and sells wind turbines for the energy industry. Nordex was founded in 1985. Nordex's headquarters is located in Hamburg, Hamburg, DE 22419. It has raised 518.5M in 2 rounds. The latest round was in Aug 2020. Som...

CEO

Nordex's CEO, Jose Luis Blanco Dieguez, currently has an approval rating of 59%. Nordex's primary competitors are Vestas, SGRE & Enercon.

Website

nordex-online.com

Frequently Asked Questions about Nordex

  1. When was Nordex founded?

    Nordex was founded in 1985
  2. Who is Nordex's CEO?

    Nordex's CEO is Jose Luis Blanco Dieguez
  3. How much revenue does Nordex generate?

    Nordex generates $3.7B in revenue
  4. How much funding does Nordex have?

    Nordex has historically raised $518.5M in funding
  1. Where is Nordex's headquarters?

    Nordex's headquarters is in Hamburg Hamburg, DE
  2. How many employees does Nordex have?

    Nordex has 6,880 employees
  3. What sector does Nordex operate in?

    Nordex is in Oil & Gas Exploration, Production, Sales, Renewable Energy
  4. Who are Nordex's competitors?

    Nordex's top competitors are Vestas, SGRE, Enercon