KfW IPEX-Bank provides KfW promotional loans for N-ERGIE in Nuremberg
Germany, Aug. 27 -- KfW IPEX-Bank is providing its customer, N-ERGIE Aktiengesellschaft, with a KfW promotional loan of EUR 150 million as the on-lending bank. The funding will be used to finance investments in the electricity distribution network and the district heating network for the years 2026 and 2027 - including network expansion, network upgrades and substations in the Nuremberg metropolitan area and large parts of Middle Franconia.The funds are being provided through KfW programmes 293, 'Climate Action Campaign for Corporates', and 148, 'Investment Loan for Municipal and Social Enterprises'. The current financing takes the form of a bilateral individual financing arrangement between KfW IPEX-Bank and N-ERGIE.The financing contribut...
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