TXF in depth

Van Phong 1: A (super)-critical judgement on Japan
Van Phong 1: A (super)-critical judgement on Japan
Ross Crear
14 May 2019

JBIC has claimed Sumitomo Corporation’s ECA-backed loan to finance the $2.8 billion Van Phong 1 coal-fired power project in Vietnam is its last loan for a ‘dirty’ power scheme using supercritical technology. But is this legacy deal the last such coal power project in the Japanese ECA's pipeline?

US-EXIM’s Recovery: Lessons from Jonah
US-EXIM’s Recovery: Lessons from Jonah
John Schuster
10 May 2019

John Schuster, President at JLS Capital Strategies, takes a look at what a fully authorised US-EXIM could look like going forward. Will it be merged with the newly formed US International Development Finance Corporation (IDFC), or will it re-emerge as a pure ECA?

Turk Exim: Reassembling the Turkish economy
Turk Exim: Reassembling the Turkish economy
Ross Crear
9 May 2019

TXF talks to Banu Erkok, manager at Turk Exim, to find out more about the Turkish ECA’s bid to stimulate the country’s crisis-stricken economy.

TXF in brief

KNPC's Dabdaba solar PV project mandates emerge
24 May 2019

State-owned oil company Kuwait National Petroleum Co (KNPC) is expected to mandate banks in Q4 2019 to finance development of the 1.5GW Dabdaba solar ...

EBRD and IFC considering Masrik 1 solar loan
23 May 2019

The EBRD and IFC are considering loans to Fotowatio Renewables Ventures (FRV) for its 55MW Masrik 1 solar project in Armenia.FRV was awarded the $57 m...

Fujairah 3 CCGT RFP launched
23 May 2019

EWEC has launched the request for proposals (RFP) for the 2.4GW Fujairah 3 (F3) CCGT project in the UAE.The pre-qualified bidder line-up includes ACWA...

Lujan de Cuyo power financing nears close
23 May 2019

NYSE-listed independent power producer Central Puerto (CEPU) is expected to reach full financial close by the end of this month on a $56 million 15-ye...

Bidders shortlisted for A49 PPP
23 May 2019

Two bidders have been shortlisted for the €500 million ($556 million) A49 motorway PPP in Germany.The four-lane project comprises both 30.8km of ...

TXF Data

Export & Agency Finance Lender H1 2019

Bank USDm No %
1 BNP Paribas 1047m 10 12.6%
2 Credit Agricole CIB 825m 8 9.9%
3 HSBC 628m 8 7.5%
4 Societe Generale 623m 8 7.5%
5 Santander 599m 7 7.2%
6 Sumitomo Mitsui Banking Corporation (SMBC) 583m 7 7%
7 KfW IPEX-Bank 473m 10 5.7%
8 MUFG Bank 363m 4 4.4%
9 Standard Chartered 346m 4 4.2%
10 Mizuho 264m 2 3.2%

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 Societe Generale 2250m 13 7.8%
2 BNP Paribas 2160m 11 7.5%
3 ING Bank 2097m 12 7.3%
4 Citi 1918m 8 6.7%
5 Mizuho 1559m 6 5.4%
6 MUFG Bank 1485m 6 5.2%
7 ABN AMRO 1358m 7 4.7%
8 Natixis 1139m 12 4%
9 Commerzbank 1020m 2 3.6%
10 Bank of America Merrill Lynch (BAML) 929m 1 3.2%

TXF Podcast

Song of the day

The Mendoza Line
Tougher Than The Rest
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