White & Case Advised banking consortium on TenneT Germany’s €12 billion credit facility
White & Case Advised banking consortium on TenneT Germany’s €12 billion credit facility
Global law firm White & Case LLP has advised a banking consortium led by BNP, Deutsche Bank, ING and UniCredit on a €12 billion revolving credit facility for TenneT GmbH & Co. KG (TenneT Germany), a European transmission system operator and one of the largest investors in onshore and offshore power grids in Germany.
The credit facility has an initial term of five years with two extension options of up to two years and supports the further expansion of the transmission network in TenneT Germany's grid area.
The White & Case team in Frankfurt which advised on the transaction included Andreas Lischka (Partner) and Markus Fischer (Local Partner) with Lina Fiedler (Associate) and Angela Fleck (Associate).
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