In depth
08 November 2024

Are ECAs looking beyond oil & gas in Africa?

Does TXF’s export finance data show that ECAs are less focused on oil & gas in their support for African investment? Yes, if one BIG outlier is removed. More

News
14 November 2024

DFC mulls funding for Poland's first nuclear plant

DFC is considering investing more than PLN4 billion ($975.7 million) to build the first nuclear plant in Poland.In November 2022, the then Polish government selected the Westinghouse AP1000 reactor technology for construction at the Lubiatowo-Kopalino site in the Choczewo municipality in Pomerania,... More

In depth
04 November 2024

TXF, Proximo and Uxolo mourn the loss of Sean Keating

Exile Group is devastated to announce the death of our editor, Sean Keating. More

News
14 November 2024

Congo advances Arise port proposal

The Republic of Congo’s Public-Private Partnership Technical Committee has approved a project by Arise to develop a bulk cargo port.A 2022 MoU between the country and Arise committed the company to invest €150 million ($158 million) in the development of the Pointe-Noire Special Economic... More

News
14 November 2024

Three US states vote for offshore wind ballot measures

US voters in Louisiana, Rhode Island and California have passed state-specific offshore wind ballot measures which will fund long-term infrastructure projects.In California, voters approved a $10 billion climate bond, of which over $800 million will go to offshore wind ports and transmission... More

News
14 November 2024

Onshore planning application submitted for 2GW Caledonia project

Ocean Winds has submitted the onshore planning consent application for its 2GW Caledonia offshore wind project in the Moray Firth, Scotland.The application to Aberdeenshire Council covers the project’s onshore transmission infrastructure, including substations and underground cables. This... More

News
14 November 2024

Clean energy expert Madi Dacey joins TLT

UK law firm TLT has appointed clean energy expert Madi Dacey as a partner in its projects, infrastructure and construction team. Madi, who will be based in the firm’s Bristol office, joins from EY and is a transactional construction lawyer with a particular focus on future energy.Her... More

News
14 November 2024

Six One Commodities closes $800m RCF

Six One Commodities (61C ) has closed an $800 million revolving credit facility.The 18-month RCF was significantly oversubscribed and includes a $300 million accordion feature, bringing total capital available to $1.1 billion. A group of 12 banks participated in the facility, which is designed... More

News
14 November 2024

Denham appoints global head of sustainable infra

Denham Capital has appointed Justin DeAngelis as Global Head of Sustainable Infrastructure. He previously served as Co-Head of Denham Sustainable Infrastructure (DSI) alongside Scott Mackin for four years, overseeing the platform’s growth into a $3.4 billion AUM global equity and credit... More

News
14 November 2024

Joyce Chang joins Skadden in Washington

Joyce Chang has joined Skadden as a partner in its Energy and Infrastructure Projects Group to advise on all aspects of project development, financing and M&A.Most recently, Chang was general counsel of Summit Ridge Energy, where she worked with the executive team on strategic financings,... More

News
14 November 2024

Indonesia signs ECA-backed defence loan

Indonesia’s Ministry of Finance signed a $1.2 billion ECA-backed loan to finance the procurement of naval vessels from Italian exporters on 12 November. The deal is being funded by six international banks with SACE cover and has a 10-year repayment period with a two year-construction... More

News
14 November 2024

Chadron Edwards joins Akin from Mayer Brown

Chadron Edwards has joined Akin as a projects & energy transition partner in New York. He joins from Mayer Brown and previously served as a vice president in Deutsche Bank’s Transportation, Infrastructure and Energy Group.Edwards’ practice is focused on representing sponsors,... More

Event
Nov 19 - Nov 20, 2024

TXF Export Finance Dealmakers Assembly (Featuring TXF DACH)

Marriott Vienna, Austria

This innovative, networking-focused event returns, with deal origination at the heart of the whole experience.

Full details
News
14 November 2024

Carnival signs largest ever ECA-backed cruise deal

Carnival Corporation signed a €4.4 billion ($4.8 billion) ECA-backed loan to finance the purchase of four new class of cruise ships from Fincantieri at the end of October. The deal marks the largest cruise ship financing in the export finance market to date.BNP Paribas is bookrunner, facility... More

News
14 November 2024

UKEF secures decarbonisation agreements

UKEF has struck new agreements at COP29 which promote the decarbonisation of global export credit financing.After recently committing in its sustainability strategy to facilitate £10 billion in financing for clean-growth projects by 2029, UKEF has now secured agreement from fellow ECAs to a... More

News
14 November 2024

UKEF-commissioned report backs social infrastructure reform

A new independent report has backed changes to the OECD Arrangement that would enshrine a new sector understanding for social infrastructure. The news is likely to stir further debate around future updates to the Arrangement, which benefited from a significant modernisation package in... More

News
14 November 2024

International Bank of Azerbaijan gets trade finance support

EBRD has approved a trade finance limit of up to $50 million (€46.7 million) for International Bank of Azerbaijan (IBA) under its Trade Facilitation Programme.The facility, aimed at supporting export and import operations for the benefit of private clients, will enable IBA to further expand... More

News
14 November 2024

Yellow Door Energy pens solar PV funding deal with EDB

Yellow Door Energy has secured a AED100 million (about $27 million) financing with Emirates Development Bank to support the development and operation of more than 60 solar PV plants across the UAE.EDB’s financing will enhance YDE's capacity to lease solar power plants through PPAs tailored... More

News
14 November 2024

French port to see €1.6bn of investment into green hydrogen

The French government has allocated land at Le Havre, one of the country’s largest ports, to three industrial projects, two of which would respectively produce and import renewable hydrogen or its derivatives.US industrial gases firm Air Products is reportedly set to invest €1.1 billion... More

News
14 November 2024

Corporate-to-bank trade finance pilot launched

Surecomp, together with BNP Paribas and Vanderlande, has piloted a new corporate-to-bank connectivity standard designed by Swift and the International Chamber of Commerce. The API-based communication channel enabled Dutch logistics company Vanderlande to request a guarantee through... More

News
13 November 2024

Saudi Neom 'gets $3bn loan guarantees from SACE'

SACE will issue $3 billion in loan guarantees to help Saudi Arabia develop a sprawling futuristic megacity.The Italian ECA agreed on 80% guarantees for loans from international banks backing Neom, the project to build a new urban area that will be bigger than Belgium, according to people familiar... More