News and developments
Axpo Holding AG secures sustainability-linked Samurai loan
Niederer Kraft Frey advised Axpo Holding AG on a JPY 42,000,000,000 (around CHF 250,000,000) Samurai loan for the financing of the company’s current business and growth initiatives, such as renewable energy projects in Switzerland and abroad. The financing is linked to sustainability performance indicators, relating to the expansion of renewable energies, the proportion of women in management positions and the number of apprentices employed.
Axpo is Switzerland’s largest producer of renewable energy and an international leader in energy trading as well as the marketing of hydro, solar and wind power. The emphasis of sustainability and innovation in the energy transition is the prime focus of Axpo’s business model and strategy. With the Samurai loan Axpo increases its financial flexibility, ensuring its further expansion and diversification in connection with its commitment to a sustainable future.
The NKF Team was led by M&A/Finance partners Andrea Giger and Adrian Koller, working with partner Philip Spoerlé, junior associate Géraldine Küderli (both M&A/Finance) and partner Markus Kronauer (Tax).