News | 16. December 2020 Münster
Capex Facility for Nowega
HKCF acted as exclusive corporate finance advisor
HKCF Corporate Finance GmbH successfully advised Nowega GmbH on the structuring and arrangement of a €80 million long-term capex facility.
Nowega, a German transmission system operator, is planning to execute a significant investment program over the next four years. The investments are driven by the ongoing market area conversion from L-gas to H-gas and Nowega’s strategic role in the development of a nationwide hydrogen infrastructure as part of the “GET 2 Nucleus” initiative. The financing structure includes bilateral loan agreements with two financing institutions, each with a 20-year maturity, tailored to support the company’s long-term infrastructure development plans.