Ad hoc announcement
Swiss government grants Axpo a subordinated credit line of up to CHF 4 billion
With unprecedented turmoil on European energy markets and future developments remaining unpredictable, the Swiss government at the request of Axpo, has grant-ed the company a subordinated, unsecured credit line of up to CHF 4 billion. So far, Axpo has not used any of these funds. With this measure, Axpo is making further provisions to continue to deliver its contribution to the security of supply in Switzer-land, even if the worldwide energy crisis escalates further.