Post by Deutsche Bank

📣 We are pleased to support ENGIE in securing €1.033 billion Shopping Line backed by Euler Hermes, acting on behalf of the Federal Republic of Germany. Structured with a pool of international banks, this transaction marks a significant step in advancing innovative financing solutions for the energy transition. As currently the biggest Shopping Line Facility launched by the German Bundesministerium für Wirtschaft und Energie, the financing enhances flexibility and efficiency, enabling ENGIE to procure equipment from a broad network of German suppliers for its renewable energy projects. The Shopping Line Facility provides a flexible umbrella framework enabling Engie to re-finance multiple procurement contracts under a single pre-approved facility, offering an efficient alternative funding solution. Deutsche Bank Corporate Bank