In depth
20 February 2024

Corporate perspectives: Patience is a virtue for Elecnor's Perez

It’s still positive, and the benefits of the changes in the OECD Arrangement are already showing, says Angela Perez, head of structured finance at Spanish infrastructure and engineering company, Elecnor. She highlights the amount of patience still needed by EPC companies to get deals completed... More

News
01 March 2024

Australia outlines plan to up defence exports

Australia will compete for a larger slice of the foreign military export pie under the newly released Defence Industry Development Strategy.Minister for Defence Industry Pat Conroy officially launched the Defence Industry Development Strategy (DIDS) on 29 February, building on the 2023 Defence... More

News
01 March 2024

OECD appoints new Head of Export Credits Division

The OECD has appointed Silvia Gavornikova as Head of the Export Credits and Competition Division in the Trade and Agriculture Directorate. She will be based in Paris for the role.Silvia left the Export-Import Bank of the Slovak Republic in 2022 after 24 years, where she held various roles including... More

In depth
20 February 2024

Biden takes a pause

The pause on permitting for some US LNG projects is causing a political stink. But beyond the screams from the fossil fuel lobbyists, what immediate impact on the US LNG project market does it actually have? More

News
01 March 2024

JBIC finances Nichisei's acquistion of Bodibasixs

JBIC has provided a JPY200 million ($1.3 million) loan to Nichisei Science Co for the acquisition of Bodibasixs Manufacturing Sdn. Bhd. (BMS) in Malaysia.The loan is co-financed by SMBC, MUFG, Shiga Bank, Kiyo Bank and Mizuho bringing the total co-financing amount to JPY2.6 billion ($17.2... More

News
01 March 2024

UKEF names Robert Gillespie as new board chairman

Robert Gillespie has succeeded Noel Harwerth as Chairman of the UKEF board.His role will also see him acting as a non-executive member of the Department for Business and Trade Board.  A chartered accountant by training, Gillespie's executive career has included roles as Global Head of... More

News
01 March 2024

JBIC backs water circulation system in Antigua and Barbuda

JBIC has concluded a loan agreement of JPY84 million ($557,567) with WOTA to manufacture and sell a small-scale decentralized water circulation system in Antigua and Barbuda. The loan will be co-financed with SMBC, bringing a total co-financing amount of JPY120 million ($796,524).WOTA specializes in... More

Data and research

Category A projects

ECA Date Country Company
QGMI, Luau Cazombo-Lumbala Road Project, Angola 02/08/2024 Angola SERV - Swiss Export Risk Insurance
Packwell Plastics Packaging and Warehouse Facility Construction Project (MMIA) 29/02/2024 United States US EXIM BANK - Export-Import Bank of the United States
Sales business of motorcycles & other machinery, Bangladesh 20/02/2024 Bangladesh NEXI - Nippon Export Investment Insurance
Geothermal heat supply and power generation, Bayern, Germany 07/02/2024 Germany NEXI - Nippon Export Investment Insurance
Manufacturing and sales of resin molding compounds for semiconductor encapsulation, Taiwan 30/01/2024 Taiwan NEXI - Nippon Export Investment Insurance
News
01 March 2024

EBRD and Eiffel finance Polish solar PV power plants

EBRD and French asset manager Eiffel have agreed a construction bridge financing loan totalling €45 million to PL-SUN to support the development of solar energy generation in Poland.The financing, which will be made up of equal contributions of €22.5 million from each lender, will finance... More

Event
Mar 5 - Mar 6, 2024

MENA 2024: Agency, Energy & Infrastructure

Ritz Carlton

Dubai, United Arab Emirates

A networking spectacular! We're back in Dubai joining forces with our sister brands Proximo & Uxolo for a bumper event which will bring together the Export, Project & Development Finance industries

Full details
News
01 March 2024

Saudi's SNB Capital launches fund with focus on oil and gas

Saudi investment bank and asset manager SNB Capital has launched a fund that has raised over $230 million and that will provide investors with exposure to the oil and gas sector under a shariah-compliant structure.The SNB Capital Oil & Gas Fund I will invest directly in Repsol E&P, a JV... More

News
01 March 2024

Fortescue given another month to take FID on Gibson Island project

Fortescue has been granted a last-minute extension to keep hold of its provisional renewable electricity supply for its 550MW Gibson Island green hydrogen project in Brisbane.Fortescue had originally signed a power purchase agreement with supplier Genex for 337.5MW of electricity from the... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Neptune Energy Group - RBL Reserve-based lending 15/04/2024 606
Aker BP - Revolving Credit Facility Term Loan 17/04/2024 2,000
California Resources Corp - RBL Reserve-based lending 27/04/2024 540
Assala Upstream Gabon - RBL Reserve-based lending 29/04/2024 600
Roy Hill Holdings - RCF Revolving credit facility 30/04/2024 1,930
News
01 March 2024

New sanctions threaten Russian oil sales to India

Fresh US sanctions on Moscow threaten to dent Russian oil sales to India, the biggest buyer of Russian seaborne crude, and complicate efforts by Indian state refiners to secure annual supply deal, sources said.Washington imposed fresh sanctions to mark the second anniversary of Moscow's invasion... More

News
01 March 2024

Lengthening ambition in 2023's export finance data

It is been clear for a few weeks now that 2023 was an outstanding year for export finance volumes, and after the final figures were in the market recorded a combined $192 billion in transactions, compared to $105 billion the year before. Behind that huge increase lie a number of trends, including... More