KfW IPEX-Bank, BayernLB and LBBW finance expansion of Germany's largest data centre for T-Systems

Frankfurt am Main (ots) -

- 45,000 new servers for the data centre in Biere/Saxony-Anhalt
- Banking consortium provides financing for second construction
phase
- Inclusion of KfW Energy Efficiency Programme

KfW IPEX-Bank, BayernLB and Landesbank Baden-Württemberg (LBBW)
are jointly supporting IT service provider T-Systems in the expansion
of Germany's largest and most high-performance data centre in
Biere/Saxony-Anhalt. The banking consortium, led by BayernLB, is
providing a syndicated loan in triple-digit million euros for this
purpose. The three banks already jointly financed the first
construction phase, which was successfully completed in 2014.

The 30,000 server storage capacity currently available at the data
centre will soon be fully utilised. Especially in the wake of the NSA
scandal, many German companies prefer to store their data with German
rather than foreign service providers. In addition, major
corporations such as SAP or Huawei are reserving extensive storage
capacities. The expansion of the data centre will increase capacity
by 45,000 servers by 2018. The most stringent requirements in terms
of data security and energy efficiency will be fulfilled in the
process. This has made possible the incorporation of funds from the
KfW Energy Efficiency Programme in the financing. The loan tenor is
17 years. The financing will have a structure similar to that of a
leasing arrangement and be the responsibility of Hannover Leasing.

"Along with our consortium partners BayernLB and LBBW, we are
contributing to the realisation of one of the most prestigious IT
projects in Germany today," said Markus Scheer, member of the
Management Board of KfW IPEX-Bank, on the occasion of the signing.
"The project simultaneously combines the expansion of
state-of-the-art data infrastructure with the implementation of
energy efficiency measures."

Alexander von Dobschütz, Head of Global Structured & Trade
Finance, at BayernLB: "We are very pleased to be able to jointly
support T-Systems in this major expansion of the data centre. By
financing the data centre, we are once again proving our structuring
expertise and our solid position as a corporate finance specialist in
Germany."

"LBBW has been supporting companies for many years with
custom-tailored financing products. We are happy to support our
client T-Systems in this significant investment with an appropriately
structured financing concept," said Andreas Sahl, Executive Vice
President, at LBBW.

Reinhard Clemens, CEO of T-Systems and member of the Board of
Management of Deutsche Telekom, commented: "Our data centre in Biere
shows that high-tech projects like this one are possible in Germany
and that, in global comparison, we are at the fore. The need for
cloud solutions that comply with German data protection legislation
has increased rapidly, and Biere has established itself so well on
both the national and international market that the data centre is
already full. For this reason, we are very glad to be taking this big
step in the direction of Biere 2. The financing for it from the
banking consortium that was established and proved its worth in the
first construction phase is a key element."

About KfW IPEX-Bank GmbH

Within KfW Group, KfW IPEX-Bank is responsible for international
project and export finance. Its function of providing financing to
boost the German and European economy is derived from the legal
mandate assigned to KfW. It offers medium and long-term financing to
support key export industries, to develop economic and social
infrastructure and to fund environmental and climate protection
projects. KfW IPEX-Bank operates as a legally independent group
subsidiary and plays a major role in fulfilling KfW's promotional
mission. It is represented in the most important economic and
financial centres across the globe.

About BayernLB

BayernLB is one of the leading commercial banks for large and
Mittelstand customers in Germany and a strong, regionally focused
corporate and real estate lender with a balanced risk profile. As a
member of the Sparkassen Finanzgruppe, BayernLB is a close partner of
the savings banks in Bavaria, providing them with a wide range of
products while also acting as central bank for the Association.
Retail customers are mainly served by BayernLB's Deutsche Kreditbank
AG (DKB) subsidiary.

About Landesbank Baden-Württemberg

Landesbank Baden-Württemberg (LBBW) is both a commercial bank and
the central bank of the savings banks in Baden-Württemberg, Saxony
and Rhineland-Palatinate. Its core activities are the business with
corporate customers, in particular small and medium-sized enterprises
and the private customer business, as well as savings banks. For
companies, the expertise in innovative and complex financings plays
an important role as well as the support in opening up international
markets. A further focus is placed on real-estate financing as well
as the customer-oriented capital market business with banks, savings
banks and institutional investors.

Press contact:

KfW IPEX-Bank GmbH
Dela Strumpf
Communication
Tel: +49 (0) 69 7431 2984
Fax: +49 (0) 69 7431 85 36
E-Mail: dela.strumpf@kfw.de
www.kfw-ipex-bank.de

Bayerische Landesbank
Franziska Roederstein
Spokeswoman
Tel: +49 (0) 89 21 71 -2 5852
Fax: + 49 (0) 89 21 71 -2 1332
Mobil: +49 (0) 160 978 27 077
E-Mail: franziska.roederstein@bayernlb.de
www.bayernlb.de

Landesbank Baden-Württemberg
Alexander Braun
Press Officer
Tel: +49 (0) 711 127-76400
Fax: +49 (0) 711 127-74861
E-Mail: Alexander.Braun@LBBW.de
www.LBBW.de

KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Pressestelle: E-Mail: axel.breitbach@kfw.de
Tel. 069 7431-2961, Fax: 069 7431-9409, E-Mail:
info@kfw-ipex-bank.de,
Internet: www.kfw-ipex-bank.de