KfW IPEX-Bank provides financing for Thyssengas
Germany, Aug. 14 -- KfW IPEX-Bank is providing Thyssengas with EUR 130 million as part of a revolving credit facility to finance investments during the upcoming transformation phase. The financing will support Thyssengas in the further development of its infrastructure and create a long-term funding base for investments in security of supply and the gradual conversion of the network for hydrogen transport. KfW IPEX-Bank thus remains a key banking partner for Thyssengas.With a pipeline network spanning 4,400 kilometres, Thyssengas operates one of the largest long-distance gas networks in Germany, located primarily in North Rhine-Westphalia and, to a lesser extent, in Lower Saxony. Thyssengas is wholly owned by the Macquarie Super Core Infras...
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