TXF in depth

Cote d’Ivoire CCGTs: Still a tale of pure DFI debt – for now
Cote d’Ivoire CCGTs: Still a tale of pure DFI debt – for now
Niamh Curran
23 March 2020

The purely DFI-backed 462MW Azito gas-fired power plant expansion in Cote d’Ivoire and its successor – the 390MW Atinkou CCGT plant - proves DFI financing firepower is still the only weapon in project sponsors’ financial arsenal to get such large-scale IPPs across the line. But when will ECAs and banks join the funding mix?

Expert briefing: EDC advice on how to manage business risk during Covid-19
Expert briefing: EDC advice on how to manage business risk during Covid-19
Guest Contributor
19 March 2020

Export Development Canada (EDC) has given Canadian exporters advice on how to manage their business risk strategy during the Coronavirus Covid-19 crisis. That guidance bears sharing to a wider audience of exporters globally.

ECAs characters in action: In viro veritas 2
ECAs characters in action: In viro veritas 2
Katharine Morton
18 March 2020

There’s been a lot of activity behind the scenes at ECAs amid the abrupt systemic shock of Coronavirus. Some have been faster, and some more transparent communicators, than others. Is it a judge of character? TXF looks at the degrees of action in the market and applauds those taking steps to help SMEs and smaller businesses. After all, it’s the sector many profess to want to support in times of need, and now is a great opportunity.

TXF Originals

RFQs for Tulu Moye geothermal project due mid-May
3 April 2020

TM Geothermal Operations (TMGO) – a 50/50 joint venture between Reykjavik Geothermal and Meridiam Infrastructure Africa Fund – invited req...

Ma'aden appoints new CEO
2 April 2020

Mosaed Al-Ohali has been appointed CEO of Saudi Arabian mining company Ma’aden. He joins Ma’aden after working for over 34 years at SABIC,...

Evraz closes $750 million term loan
2 April 2020

Russian steel, mining and vanadium producer Evraz has closed a five-year $750 million unsecured term loan. Signed on 18 March, the deal was led by MLA...

Salamanca gas-fired plant tender pushed back
2 April 2020

The tender for the Salamanca 850MW combined-cycle gas turbine (CCGT) power project in Mexico has been delayed amid the Covid-19 pandemic, according to...

Yanbu 4 IWP mandates banks
1 April 2020

Following the signing of a 25-year water purchase agreement (WPA) with Saudi Water Partnership Company (SWPC) for the Yanbu 4 IWP project on 28 Februa...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Standard Chartered 1460m 1 19.3%
2 Industrial and Commercial Bank of China (ICBC) 1430m 1 18.9%
3 KfW IPEX-Bank 745m 2 9.8%
4 Mizuho 626m 3 8.3%
5 Sumitomo Mitsui Banking Corporation (SMBC) 594m 2 7.8%
6 MUFG Bank 546m 2 7.2%
7 Sumitomo Mitsui Trust Bank (SMTB) 515m 1 6.8%
8 BNP Paribas 283m 1 3.7%
9 ING Bank 276m 4 3.6%
10 JP Morgan 142m 2 1.9%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 29%
2 ING Bank 792m 8 3.5%
3 UniCredit 681m 5 3%
4 JP Morgan 677m 5 3%
5 Société Générale 588m 4 2.6%
6 Standard Chartered 574m 3 2.6%
7 Rabobank 542m 5 2.4%
8 Credit Agricole CIB 540m 4 2.4%
9 MUFG Bank 491m 4 2.2%
10 Credit Suisse 488m 4 2.2%

TXF Podcast

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