Advario has successfully closed a €650 million corporate refinancing deal, enhancing its financial flexibility to advance its strategic objectives and reinforce its role in the global energy transition. The financing was arranged with credit facilities provided by a consortium of international banks.
This landmark funding supports Advario’s Horizon 2030 strategy, which targets doubling the company’s business by 2030 with a focus on chemicals, gases, and new energy products, while achieving Net Zero Scope 1 and 2 emissions by 2040. The refinancing also strengthens Advario’s dedication to building transformative partnerships that prioritise safety and sustainability, contributing to a decarbonised and circular economy.
“This refinancing provides a solid foundation for our continued growth and deepens our commitment to sustainability,” commented Bas Verkooijen, CEO of Advario. “We are grateful for the strong support from our banking partners, whose trust and collaboration are instrumental as we pursue our ambitious strategy for the future.”
The transaction was coordinated globally by BNP Paribas, ING, and UniCredit. Following a successful syndication process, a group of 10 lenders participated in the credit facilities.
This financial milestone underscores Advario’s commitment to sustainability and innovation as the company positions itself as a leader in the energy transition while fostering growth in environmentally conscious industries.
For more information visit www.advario.com
