News | 24. September 2019 Dortmund
Corporate Financing of Thyssengas
HKCF Corporate Finance advised Dortmund-based Thyssengas GmbH on the successful financing project with a total volume of more than € 300 million.
Thyssengas GmbH is one of the largest transmission system operators in Germany and has been certified by the German Federal Network Agency as an independent transmission system operator (ITO). The core activities of Thyssengas GmbH include the construction of high-pressure gas pipelines, technical and commercial operation, maintenance and repair as well as the control and monitoring of the network.
Thyssengas GmbH is jointly owned by the Dutch infrastructure fund DIF and the French company EDF Invest, a subsidiary of the listed Electricité de France, around 84% of whose shares are held by the French state.
In addition to refinancing an existing credit facility, Thyssengas GmbH plans to use the funds raised to finance future operational and investment measures, among other things.