Energy trader Axpo increases syndicated bank credit lines to a total of €5.3Bln to travers market concerns
Switzerland's Axpo, the largest producer of renewable energy and an international leader in energy trading and marketing, has closed an additional syndicated, committed and unsecured credit facility of €2.3 billion with an international banking consortium, increasing its syndicated credit lines with banks to a total of €5.3 billion.
Energy trader Axpo handles ‘massive increase’ in collateral payments for hedging Switzerland’s electricity
Axpo, the international energy trader and Switzerland’s largest producer of renewables, reported a doubling of fiscal first-half income to more than 6 billion Swiss francs ($6.6Bln) against what it said was a backdrop of unprecedented turmoil in energy markets.
Swiss firm Axpo hires JERA and EDF veteran Sophie Ducoloner to head new Singapore LNG trading office
Axpo, the Swiss renewable energy producer and global energy trading firm, is opening an office in Singapore to become the latest firm to join Asia's growing liquefied natural gas trading market in the city-state where 50 LNG trading and shipping firms have offices.
