Axpo extends EUR 7bn credit line to 2028

10.02.25 – Axpo successfully extended its unsecured revolving committed credit facility totalling EUR 7.0 billion by one year to February 2028. The early extension is testimony to the financial markets' confidence in Axpo, ensures the continued diversification of the company’s financing structure and retains its financial flexibility to invest in the energy transition.

Axpo announced today that it successfully extended its unsecured revolving committed credit facility totalling EUR 7.0 billion, agreed one year ago with an international syndicate of more than 30 banks, by one year to February 2028.

The key elements of the credit facility remain unchanged. The facility can be used flexibly for both bank guarantees and loans as well as the financing of current business and growth initiatives. A sustainability-linked facility, the interest rate depends on Axpo achieving targets for the expansion of renewable energies, the proportion of women in management positions, and the number of apprentices employed.

Axpo Group CFO Harald Gauck said: "We are pleased to receive the support and confidence of all banks involved. The successful extension of this credit line is a clear sign that the capital and financial markets trust Axpo’s business model, strategy, and vision. The credit line underpins our financial flexibility and ensures that we can continue to invest in innovative projects for a sustainable future."