Ad hoch announcement persuant to Art. 53 LR
27.11.2025 – Axpo is reducing its existing unsecured, revolving and committed credit line from EUR 7.0 billion to EUR 5.0 billion. In February 2025 the credit line term was extended to 2028. This optimises Axpo’s financing structure and adapts the available liquidity to the needs of the current market environment. The move reflects Axpo's very strong financial position.
In February 2024, Axpo Holding AG and an international consortium of more than 30 banks agreed an unsecured, revolving and committed credit line totalling EUR 7.0 billion, including sustainability components. In view of the continuing stabilisation of the energy markets and the resulting reduction in liquidity requirements, the credit line is now being reduced to EUR 5.0 billion. The reduction strengthens financing efficiency and reflects Axpo's robust financial position in a normalised market environment.
Axpo Group CFO Harald Gauck said: “By reducing the credit line, we’re responding to the improved market situation and at the same time optimising our financing costs. We remain in a very strong financial position to continue to provide a secure and sustainable energy supply.”
The sustainability component of the credit line remains in place, linking financing to clearly defined targets. 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.
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