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Ad hoc announcement pursuant to Art. 53 LR
Axpo extends its committed credit line to 2029
04.02.2026 – Axpo has successfully extended its unsecured revolving committed credit facility for a further year to February 2029. This second successful extension demonstrates the financial markets' confidence in Axpo, ensures the continued diversification of the company’s financing structure and retains the financial flexibility to invest in the energy transition.
Originally agreed two years ago with an international syndicate of more than 30 banks, at Axpo’s request the facility was reduced from EUR 7.0 billion to EUR 5.0 billion in November 2025.
The key elements of the credit facility remain largely unchanged. The facility can be used flexibly for both bank guarantees and loans as well as the financing of current business and growth initiatives. As 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 continued support and confidence of the extending banks. 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."
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Axpo Holding AG
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