KfW IPEX-Bank extends credit line for Trading Hub Europe GmbH
Germany, Sept. 12 -- KfW IPEX-Bank is extending the credit line for Trading Hub Europe GmbH ("THE"), which has been in place since 2022. This marks the third extension, while retaining the existing banking consortium consisting of Commerzbank, Deutsche Bank, LBBW, BayernLB, DZ BANK, NORD/LB and UniCredit. KfW IPEX-Bank has acted as sole mandated lead arranger, bookrunner and agent since the credit line was issued. In its role as gas market area manager, THE plays a key role in the German gas market. In addition, in 2024 the Federal Network Agency transferred responsibility for both financing of the hydrogen core network and management of the amortisation account to H2 Amortisationskonto GmbH, which is majority owned by THE; KfW was in turn ...
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