3 February 2023
Clifford Chance advised BNP Paribas Fortis SA/NV on the syndicated Luxembourg law EUR 750,000,000 revolving credit facilities agreement for Encevo S.A.
International law firm Clifford Chance advised BNP Paribas Fortis SA/NV as documentation agent, joint coordinator and mandated lead arranger on the syndicated Luxembourg law EUR 750,000,000 revolving credit facilities agreement with swingline option for Encevo S.A., the leading energy company in Luxembourg and the Greater Region. Encevo Group has a broad geographical footprint and serves clients in Luxembourg, Germany, France, Belgium and the Netherlands. It is present all along the energy value chain, from production, storage, supply, transport to trading, distribution and services.
The Luxembourg law EUR 750,000,000 facilities agreement has been made available by a large syndicate of major Luxembourg and international banks and will provide liquidity for the further development of the Encevo Group. The team advising the lenders on this challenging matter was led by Martin Wurth, Partner, supported by Alexandre Sensi, Senior Associate and Associate Victor Cobuscean.