In depth
22 April 2024

Keynote: Eksfin’s CEO on the answers blowing in the wind

How do you have a thriving offshore wind export business when you don’t, technically, have an offshore wind industry? Norway’s exporters are finding the answer, and of Norway’s green exports, offshore wind is by far the largest supported by Eksfin. Tone Lunde Bakker, CEO of Eksfin discusses how the... More

News
23 April 2024

Four ECAs vow tighter Indo-Pacific cooperation

US Ex-Im has signed a Memorandum of Cooperation with EFA, ECGC and NEXI - collectively the QUAD ECAs - to cooprate in enhancing the prosperity of the Indo-Pacific. The agreement to increase the level of cooperation, engagement, and alignment, was signed at Berne Union Spring meetings in Oslo.The... More

News
23 April 2024

Ashurst hires energy team from Shearman & Sterling

Ashurst has boosted its global energy team with five partner hires from Shearman & Sterling.London-based project finance expert Sanja Udovicic, Seoul-based Anna Chung, and Singapore-based Jean-Louis Neves Mandelli and Scott Baggett will join the firm. They will be accompanied by London-based... More

In depth
19 April 2024

Is ECA debt now part of the trader funding furniture?

Since the first announcement of a partnership between Euler Hermes and Trafigura in 2022, European ECAs have built steady relationships with commodity traders. Today, as supply chain dislocation fades and funding demands ease, what role does the ECA-trader deal still have to play? More

News
23 April 2024

De Grey closing in on A$1bn financing for Hemi project

De Grey Mining plans to finalise detailed terms of its up to A$1.2 billion (about $745 million) funding package for its Hemi gold mine project, in Pilbara, by the middle of 2024.The company is continuing talks with ten shortlisted banks and two government funding agencies after receiving non-binding... More

News
23 April 2024

Axxela takes FID on Nigerian gas processing plant

Axxela has taken a Final Investment Decision for the development of a gas processing plant in OML 56, Delta State, South-South Nigeria.The plant, with a total capacity of 50 MMSCF/D, will be delivered in phases. The first phase will comprise a 12 MMSCF/D modular plant, with an interconnection... More

News
23 April 2024

Eksfin backs funding to complete Gigante Salmon farm

Export Finance Norway is guaranteeing 50% of a NOK120 million (almost $11 million) loan to Gigante Salmon to help the company complete its 16,000-tonnes-per-year land-based salmon farm.Gigante Salmon will use the ECA-backed SpareBank 1 Nord-Norge loan and a private placement of shares to raise the... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Metalloinvest - PXF Pre-Export Finance 27/05/2024 250
United Petfood Producers - Commercial Loan Term Loan 28/05/2024 27
United Petfood Producers - Commercial Loan Term Loan 28/05/2024 2
Uralkali - PXF Pre-Export Finance 31/05/2024 725
Uralkali - PXF Pre-Export Finance 31/05/2024 724
News
23 April 2024

Azerbaijan launches first renewables auction

The Ministry of Energy of Azerbaijan has announced the country’s first renewable energy auction for a 100MW solar power plant project in Gobustan.The public call for applications is accessible on the Ministry’s website. Interested parties can ask for the Request for Qualification... More

Event
May 22 - May 23, 2024

TXF Amsterdam 2024: Global Natural Resources & Commodities Finance

Anantara Grand Hotel Krasnapolsky Amsterdam, Netherlands

Amsterdam, Netherlands

Unveil Amsterdam's allure! Elevate your pipeline with top dealmakers. An Industry Awards dinner adds glamour to this unmissable adventure.

Full details
Event Session
06 March 2024
News
23 April 2024

Gazprom subsidiary must stop Russian lawsuit against UniCredit

A subsidiary of Gazprom has been ordered by the UK's Supreme Court to stop suing Italian bank UniCredit in Russia over an aborted gas project.RusKhimAlyans has launched a flurry of lawsuits in the Russian courts after Russia's invasion of Ukraine and subsequent Western sanctions halted work... More

News
23 April 2024

Sinopec to sell green hydrogen subsidiary

Sinopec has commenced the auction process for the sale of its subsidiary, Sinopec New Star Inner Mongolia Green Hydrogen New Energy, along with its equity. The starting price for the auction on the Beijing Equity Exchange is CNY74.08 million ($10 million).This subsidiary is responsible for... More

Data and research

Latest business opportunities

Opportunity Industry Country
Metsä Group and ANDRITZ to construct a demo plant for ... Ores & alloys Finland
ANDRITZ to supply a pressurized refining system for ... Engineering Switzerland
ANDRITZ to supply high-temperature Yankee hood and air ... Pulp and Paper United Kingdom
Vestas wins 51 MW EnVentus order in Spain Onshore wind Spain
ANDRITZ to supply new pickling section for heavy-duty push ... Pulp and Paper Germany
News
23 April 2024

G Mining buys Reunion’s Oko West gold project for $638m

G Mining Ventures is expanding its South American holdings by taking over Reunion Gold’s Oko West gold project in Guyana in an all-share deal valued at C$875 million ($638 million).G Mining shareholders will hold 57% of the new entity, leaving Reunion with 43%, the firms said. The new shares... More

News
23 April 2024

PHX Minerals reaffirms borrowing base and extends RCF

PHX Minerals has completed its semi-annual redetermination of the company's senior secured credit facility and reaffirmed the existing $50 million borrowing base.The transaction was led by Independent Financial with no changes to pricing, covenants or other material terms. The maturity date of... More