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The state-owned KfW Bank secures the liquidity of Trading Hub Europe through a credit line. (Image: Trading Hub Europe)
Berlin/Ratingen (energate) - Trading Hub Europe (THE) has received a government-backed credit line from the development bank KfW. Several sources independently confirm to energate a report in the "Handelsblatt" that the German government agreed on a guarantee of 500 million euros for a KfW loan in this amount shortly before Christmas. In addition, the market area manager's shareholders, the transmission system operators (TSOs), have granted 220 million euros in equ ...
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