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Nord LB

Friedrichswall 10, Hannover, Niedersachsen, 30159, Germany

Overview

NORD/LB is a bank in the north of Germany and is clearly focused on its core business with special attention paid to the region. The company's headquarters in Hanover, Braunschweig and Magdeburg mark the roots of the bank in its supporting states of Lower Saxony and Saxony-Anhalt. As a commercial bank, they offer an extensive range of financial services to their private, corporate and institutional customers as well as public sector customers. Globally, they are represented in all important trading centres such as London, New York, Shanghai and Singapore through their branches and representative offices. NORD/LB does business as the Landesbank for Lower Saxony and Saxony-Anhalt and assumes the responsibilities of a central bank for savings banks in the federal states of Lower Saxony (43 savings banks), Saxony-Anhalt (13 savings banks) and Mecklenburg-Western Pomerania (10 savings banks). As a central bank for savings banks, they are a partner of the savings banks in Lower Saxony, Saxony-Anhalt and Mecklenburg-Western Pomerania. Beyond these three federal states, they also operate as a service provider for individual savings banks. Furthermore, in their role as a Girozentrale, they offer all the services that are relevant for the savings banks they support. Their self-conception as a bank is shaped by this regional combination, which is also reflected in their business model.

Total investments
4
Lead investments
1
Investments · 12mo
1
Active investors
2

Sector focus

  • Banking
  • Finance
  • Financial Services
Visit website

Investment portfolio

  • Pulse Clean Energy

    Led · Debt Financing · Apr 2026

    Pulse Clean Energy develops battery storage and grid-stability infrastructure, including synchronous condensers that provide inertia to the electricity system. The company secured a £52.5 million loan from Nord L/B to build two synchronous condenser units at Upper Boat, Pontypridd as part of the UK National Grid ESO’s Pathfinder 3 programme. The first condenser is expected to be operational by Q4 2026. Pulse says these assets will help integrate renewable energy and battery storage into the grid. The company plans to operate over 2 GWh of battery storage capacity by 2030. Watson Farley & Williams advised the lender on the Pontypridd financing.

  • Green Genius

    Participated · Equity · Aug 2025

    Green Genius develops, builds and operates solar, wind, biogas and biomethane projects across multiple European markets. The company reports a total renewable energy project portfolio of about 3.1 GW and an Italian solar pipeline of roughly 650 MW of planned capacity. Of the Italian portfolio, 170 MW has reached ready-to-build status and is currently in a sale process. Green Genius says it assesses each project individually to determine whether to construct the asset or realise value through a sale, allowing recovery of capital before construction. The company is pursuing organic growth alongside selective sales of developed projects and targeted investments that create long-term value. The recent development financing is intended to increase project readiness while maintaining capital flexibility.

  • OptioPay

    Participated · Seed · Jun 2016

    OptioPay is a fintech that provides open banking products enabling customer-centric, data-driven value-add services. Its core offerings include a white-label platform for value-added services and recommendations, a data-insights portal for enterprise clients, and a bank-account-data driven campaign manager for advertisers. The company says end-customers receive cashbacks, higher-value vouchers and contract optimization in exchange for bank account data. Founded in 2014 and based in Germany, OptioPay positions its products as ‘data for good’ that let customers own and responsibly share their data. Management plans to use new funding to further develop and market the three core products and to meet growing demand across Europe. CEO Marcus Börner emphasized investing the capital to better serve businesses and customers and to nudge smarter, more responsible consumption. OptioPay is a Berlin-based payment-solution software company that enables firms to convert payments such as payroll, insurance payouts and other monetary claims into products, services or vouchers from established vendors. The platform is already in market with contracts signed with more than 100 brands and suppliers, including Adidas, Zalando, banks, insurers, aviation and railway companies. Co-founded by CEO Marcus Börner and COO Oliver Easter, OptioPay partners with established vendors to increase perceived value for final recipients like employees and customers. The company raised €7m in seed funding to support its growth. OptioPay intends to use the funds to continue to expand operations.

Team

  • Tim Junghans

    Head of Corporate Customers Energy Industry

    LinkedIn
  • Jörg Frischholz

    Board Member

    LinkedIn