Linklaters advises KfW IPEX-Bank on the financing of the Duisburg Gateway Terminal

A cross-border and cross-practice team from Linklaters has advised KfW IPEX-Bank on the financing for the construction of Europe's largest hinterland terminal "Duisburg Gateway Terminal" (DGT). The new terminal is considered a model project for the future of logistics and is to be operated in a climate-neutral manner. 

The external financing from banks is supplemented by liquidity from the four shareholders Duisburger Hafen (Germany), HTS (Netherlands), Hupac (Switzerland) and PSA (Singapore). 

Once completed, the Duisburg Gateway Terminal will be the largest container terminal in the European hinterland with an area of 235,000 m². The energy supply and operation will be climate-neutral. Fuel cells and a combined heat and power plant will generate the necessary electricity from green hydrogen, as well as solar panels. The first construction phase is scheduled for completion by mid-2024. 

In addition, the first storage facility for tank containers with green energy sources such as hydrogen is to be built at the Duisburg Gateway Terminal as a building block in the transformation of the economy towards climate neutrality. The storage facility is to be built on an area of the second construction phase of the Duisburg Gateway Terminal (DGT). It is planned that up to 900 tank containers loaded can be temporarily stored there. The storage facility is scheduled to go into operation at the end of 2025.

Linklaters has advised under the leadership of Fabian Neumeier (Counsel) and Vanessa Flato (Associate, both Banking, Frankfurt).

Other team members were Marc Trinkaus (Partner, Banking, Frankfurt), Dr Michael Rickert (Managing Associate, Restructuring, Frankfurt), Mees Roelofs (Partner) and Maxim van Vessem (Associate, both Banking, Amsterdam), Anne-Sophie Vankemmelbeke (Partner), Laurens Cools (Managing Associate), Maurice Demeyer (Associate) and Emma Merchiers (Associate, all Corporate and Finance, Brussels)

Ludivine Boisard, Pestalozzi Attorneys at Law (Partner, Financial Services, Real Estate & Environment, Corporate/M&A, Geneva) advised on Swiss law.