Gazprom Germania GmbH’s EUR 9.8 Billion Revolving Credit Line

Freshfields Bruckhaus Deringer has advised KfW on the deal. CMS Hasche Sigle advised BMWK. BBL Brockdorff advised Gazprom Germania.

KfW provided a revolving credit line of up to EUR 9,800,000,000 for Gazprom Germania GmbH (GPG; in future operating under the name SEFE Securing Energy for Europe GmbH).
 
The revolving credit facility is intended to secure gas supplies in Germany in the longer term. GPG operates critical energy infrastructure in Germany and is particularly active in energy trading, gas transport and the operation of gas storage facilities.
 
The Freshfields team comprised Partner Frank Laudenklos (Picture – Lead), Principal Associate Dennis Chinnow, Associate Laura Korndörfer, Associate Hannes Butz (all Frankfurt), Partner Aled Batey, Senior Associate Julia Horbach (both London), Andreas von Bonin, Associate Jonas Levermann (both Brussels), Associate Florian Reiter-Werzin (Vienna), Partner William Robinson (London), Partner Nabeel Yousef (Washington), Partner Stephan Denk, Counsel Lukas Pomaroli (both Vienna), Partner Marvin Knapp, Counsel Jan-Philip Wilde (Hamburg), Simon Schwarz (Frankfurt), Ulrich Scholz (Düsseldorf).

The CMS Hasche Sigle team was led by Dr. Christian von Lenthe (Corporate/M&A)­­­.

Inhouse BNetzA (Bonn): Dr. Thomas Müller.

The BBL Brockdorff team was led by Peter Jark.

Involved fees earner: Peter Jark – BBL Bernsau Brockdorff & Partner; Christian von Lenthe – CMS Hasche Sigle; Aled Batey – Freshfields Bruckhaus Deringer LLP; Dennis Chinnow – Freshfields Bruckhaus Deringer LLP; Stephan Denk – Freshfields Bruckhaus Deringer LLP; Julia Horbach – Freshfields Bruckhaus Deringer LLP; Marvin Knapp – Freshfields Bruckhaus Deringer LLP; Laura Korndörfer – Freshfields Bruckhaus Deringer LLP; Frank Laudenklos – Freshfields Bruckhaus Deringer LLP; Jonas Levermann – Freshfields Bruckhaus Deringer LLP; Lukas Pomaroli – Freshfields Bruckhaus Deringer LLP; Florian Reiter-Werzin – Freshfields Bruckhaus Deringer LLP; William Robinson – Freshfields Bruckhaus Deringer LLP; Ulrich Scholz – Freshfields Bruckhaus Deringer LLP; Simon Schwarz – Freshfields Bruckhaus Deringer LLP; Andreas von Bonin – Freshfields Bruckhaus Deringer LLP; Jan-Philip Wilde – Freshfields Bruckhaus Deringer LLP; Nabeel Yousef – Freshfields Bruckhaus Deringer LLP;

Law Firms: BBL Bernsau Brockdorff & Partner; CMS Hasche Sigle; Freshfields Bruckhaus Deringer LLP;

Clients: Bundesministerium für Wirtschaft und Klimaschutz; Gazprom; KfW IPEX-Bank GmbH;

Giulia Di Palma

Author: Giulia Di Palma