Swiss government approves CHF4 billion credit line for Axpo
September 6, 2022 Comments Off
The federal government of Switzerland has granted Axpo a credit line of up to CHF4 billion ($4.08 billion) to support the utility’s liquidity needs in volatile power markets, Axpo said Sept. 6. The move comes as Sweden and Finland said they would offer support to energy trading companies, and Fortum agreed a state credit line for its collateral needs in…
Swiss government approves CHF4 billion credit line for Axpo
The federal government of Switzerland has granted Axpo a credit line of up to CHF4 billion ($4.08 billion) to support the utility’s liquidity needs in volatile power markets, Axpo said Sept. 6. The move comes as Sweden and Finland said they would offer support to energy trading companies, and Fortum agreed a state credit line for its collateral needs in…
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