Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Traders of Environmental Progress
STX Group is a global environmental commodities trader offering physical and financial solutions across compliance and voluntary systems for energy, fuels, gas and carbon markets.
Transforming Climate Challenges into Business Progress
STRIVE is the advisory arm of STX Group, helping companies meet climate targets through high-impact strategies and cost-efficient decarbonization pathways.
Press Releases
AMSTERDAM (July 16, 2026) — STX Group, a leading global environmental commodities trading and climate finance firm, today announces the successful refinancing and upsizing of its syndicated borrowing base facility. In response to this strong demand and the company’s expanding activities, the facility was increased in size to EUR 310 million.
The refinancing received strong support from both existing and new banking partners and was oversubscribed. The renewed facility has an initial tenor of 18 months and includes a one-year extension option. It also incorporates an accordion feature that provides flexibility to increase total commitments to EUR 460 million, enabling STX Group to efficiently support future growth opportunities and evolving working capital requirements.
The refinancing was completed with the support of a diversified syndicate of leading international banks and further broadens STX Group’s banking group through the addition of lending partners in strategic markets. As a cornerstone of STX Group’s financing framework, the borrowing base facility provides scalable and flexible working capital to support trading activity across its global environmental commodities portfolio and positions the company to capitalize on future growth opportunities.
Bart Wesselink, Chief Financial Officer of STX Group, said: “We are thankful for the strong support received from both our existing and new banking partners. The oversubscription of the transaction reflects confidence in STX Group, our strategy and the markets we serve. This support is underpinned by our record financial performance in the last financial year and the long-term growth trajectory we are on. The refinancing provides a strong foundation to support our continued growth ambitions and the evolving needs of our customers worldwide.”
The STX Group credit facility is an innovative borrowing base facility including a wide range of environmental commodities as part of the asset base. The facility was initially launched in April 2023 and has been refinanced a number of times since, illustrating renewed interest of market participants and the significant role of environmental products in today’s commodity trading mix.
