Freshfields advises banking consortium on €6.5bn Amprion green RCF
Freshfields has advised a banking consortium led by BNP Paribas, ING and UniCredit on a €6.5 billion Energiewende green revolving credit facility (RCF) for Amprion, a transmission system operator whose 11,000-kilometre extra-high voltage grid spans seven German federal states from the North Sea to the Alps, serving 29 million people.
The financing carries an initial tenor of five years, with two one-year extension options and an incremental facility option of €2 billion, all subject to the approval of each participating bank.
Freshfields team
The Freshfields team was led by partner Frank Laudenklos and principal associate Dennis Chinnow, both from the finance practice in Frankfurt. They were supported by associate Beatrice Zobel (finance), as well as by partner Sebastian Röger, principal associate Sebastian Jung and associate Nicolas Steinmeister, all from the tax practice in Frankfurt.
