13 March 2024

TenneT secures EUR 25 billion loan facility from its sole shareholder the Dutch State

Lisa de Boer+ 2 other team members

De Brauw supported TenneT in attracting a EUR 25 billion bridge loan facility from its shareholder, the Dutch State. While TenneT and the Dutch State are exploring a potential sale of TenneT's German operations to KfW, acting on behalf of the German State, the Dutch state has provided a bridge loan facility of EUR 25 billion to TenneT, safeguarding TenneT’s planned investments in the Netherlands and Germany for 2024 and 2025.

De Brauw is pleased to have assisted TenneT in this important strategic transaction.