HSH Nordbank pools financing for five wind farms in Hesse and Lower Saxony

Hamburg/Kiel, February 24, 2012 - HSH Nordbank is assisting five wind farms in Germany with portfolio debt financing amounting to EUR 32 million. The borrower is Hurrikan Power Funding Holding GMBH, an affiliate of ArcLight Capital Partners, LLC.

The 38 windturbines have total power generation capacity of 72.4 megawatts and are thus able to produce the electric energy requirement of approximately 25,000 private households p.a.

The five farms were constructed in Lower Saxony and Hesse between 2004 and 2009 using turbines manufactured by Enercon, northern Germany's turbine producer. The portfolio was previously financed through a multi-bank credit facility. By pooling the portfolio, HSH Nordbank is providing the entire financing of these profitable turbines. "Germany remains the core market for HSH Nordbank", said Lars Quandel, Head of Origination Energy at HSH Nordbank. Moreover, the financing of existing wind farms underscores the confidence in the technology of Aurich-based turbine producer Enercon, with whom HSH Nordbank has a long-standing business relationship.

This Press Release as pdf

The information contained in this press release does not constitute an offer for the sale of any type of Hamburg Commercial Bank AG securities. Securities of Hamburg Commercial Bank AG may not be sold in the United States without registration pursuant to US securities legislation, unless such a sale takes place on the basis of relevant exceptional provisions.

This press information can contain forward-looking statements. These statements are based on our beliefs and assumptions, on information currently available to us which we consider reliable. Forward-looking statements include all statements which are not historical facts, including information concerning future growth prospects and future economic developments.

Such forward-looking statements are based on assumptions relating to future events and are subject to uncertainties, risks and other factors, a large number we cannot influence. Thus actual events can differ considerably from the forward-looking statements made. We make no warranty for the correctness or completeness of these statements or the actual occurrence of the statements made. Furthermore, we assume no obligation for updating the forward-looking statements after this information has been published.