Electricity supplier Leag apparently receives a loan of 5.5 billion euros –
Accordingly, the situation of the group was very critical, which is why state aid was necessary. According to the information from the Handelsblatt, there has never been such an emergency on the German energy market. Leag has so far refused to comment on a request from the Handelsblatt: “We ask for your understanding that we cannot provide any information about the company’s internals,” said a spokesman. Government circles also say that an energy company received one of the largest loans from the state development bank KfW for a company that has ever been granted. According to industry circles, this is the Leag Group. –
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Fight against bankruptcy: German electricity supplier receives 5.5 billion euros in state aid
The East German lignite company Leag was apparently supported with a loan of 5.5 billion euros.
