Uniper draws down 2 billion euro KfW credit facility

2022.07.18 11:22

FILE PHOTO: General view of Uniper’s Bierwang gas storage facility near the Bavarian town of Kraiburg am Inn, Germany, June 10, 2022. REUTERS/Andreas Gebert

BERLIN (Reuters) – Uniper drew down its 2 billion euro ($2.03 billion) credit facility from Germany’s state bank KfW, it said on Monday.

The step was taken in response to supply disruptions of Russian gas and its corresponding effects on the energy markets and exchanges, said the utility.

($1 = 0.9859 euros)

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