Clifford Chance advises lenders on €1.4 billion sustainability-linked facility for Gasunie

Global law firm Clifford Chance has advised the syndicate of lenders on a €1.4 billion sustainability-linked standby revolving facility agreement for N.V. Nederlandse Gasunie, to support Gasunie’s investment agenda in the energy transition for the years to come.

The transaction was coordinated by ING and Crédit Agricole was the sustainability coordinator. The group of lenders consists of ABN AMRO, BNP PARIBAS, Crédit Agricole, ING, NatWest, Rabobank, BBVA and Deutsche Bank.

Gasunie is a European energy infrastructure company, wholly owned by the Dutch state. It manages and maintains infrastructure for large-scale gas transport and storage.

The Clifford Chance team was led by Titus de Vries and further comprised of Amin Tamaddoni, Jorrit de Pree and Robin Houtveen.