In depth
26 March 2024

Keynote: EIFO’s Lundquist on turning professional pessimism into power

The Export and Investment Fund of Denmark (EIFO) has the ‘gift of wind’ which has helped it position itself as a changemaker in renewable energy financing. But it’s not all been plain sailing for offshore wind, and the ECA has recently restructured. Peder Lundquist, CEO, discusses the challenges,... More

News
28 March 2024

ADNOC starts oil production at Belbazem offshore block

Adnoc has started oil and gas production from its Belbazem offshore block as the oil company continues to boost output to reach five million barrels per day by 2027 and attain self-sufficiency in gas for the UAE by using lower carbon technology.The production capacity at the Belbazem... More

News
28 March 2024

Vitol grows LNG volumes in 2023

Energy trader Vitol upped its LNG volumes in 2023 on the back of higher demand in Europe. Vitol said in its full-year report that its natural gas and LNG volumes grew by 19% and 24% respectively — but it did not reveal the quantities.In 2022, Vitol’s traded LNG volumes increased to about... More

In depth
22 March 2024

TXF MENA 2024: Top takeaways

ECA-backed project finance took centre stage this year at TXF MENA 2024 with the spotlight on energy transition, longer tenors, and untied lending. ECA flexibility contributed to record debt volumes last year - but there is still room for improvement. More

News
28 March 2024

Proparco finances Taspinar Hybrid SPP project

Galata Wind has signed a loan agreement worth $25 million with Proparco. The funds will support Galata Wind's Taspinar Hybrid SPP project, which has an overall investment budget of approximately $30 million, with the initial phase already close to completion.Galata Wind has ambitious plans to... More

News
28 March 2024

EBRD, Ukreximbank partner to unlock €40m in financing for Ukrainian private sector

EBRD has stepped in to support Ukraine's private sector by providing a €10 million ($10.8 million) unfunded portfolio risk-sharing instrument to Ukreximbank. This will enable Ukreximbank to provide €40 million ($43.3 million) in new financing to private businesses operating in Ukraine,... More

News
28 March 2024

EDC reaches settlement over SpiceJet liabilities

Export Development Canada (EDC) has reached a settlement with SpiceJet over $91 million in liabilities. The Indian low-cost airline took out a loan in 2011 to procure 15 new aircraft, of which 12 are currently grounded. SpiceJet will now acquire full ownership of 13 of the EDC-financed Bombardier... 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
 Construction and operation of a wind farm, Turkey  03/04/2024 Turkey Euler Hermes Aktiengesellschaft
Guaranteed transactions - report 2023 21/03/2024 Undisclosed Country SACE
Expansion of geothermal power plant, West Sumatra, Indonesia 11/03/2024 Indonesia NEXI - Nippon Export Investment Insurance
Greater Changhua 4 (Northwest) Offshore Windfarm 11/03/2024 Taiwan UK Export Finance
Data and research
18 March 2024

TXF export finance full year data report 2023

Download your copy of TXF's export finance full year data report for 2023 to gain crucial market insights, identify opportunities and refine...

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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
28 March 2024

JBIC signs buyer credit deals with Mexico's CFE

JBIC has signed a pair of buyer credit facilities with Comision Federal de Electricidad, the Mexican state-owned utilities firm. The first deal amounts to $278 million and the second to $155 million. Citibank has co-financed both facilities and NEXI is providing guarantees. The loans will... More

News
28 March 2024

Chatterjee joins CarbonCapture board

CarbonCapture Inc – a US-based direct air capture (DAC) developer – has appointed Neil Chatterjee, a former commissioner and chairman of the Federal Energy Regulatory Commission (FERC), to its board of directors.Chatterjee is currently a senior advisor specialising in Global Regulatory... More

Data and research

Deal maturity report

Deal name Structure Maturity Date Volume in $m
Assala Upstream Gabon - RBL Reserve-based lending 29/04/2024 600
Roy Hill Holdings - RCF Revolving credit facility 30/04/2024 1,930
Freepoint Commodities LLC - RCF Revolving credit facility 03/05/2024 1,710
Metalloinvest - PXF Pre-Export Finance 05/05/2024 250
Saudi Aramco - TL Term Loan 07/05/2024 10,000
News
28 March 2024

Thiebot new head of sustainable and positive impact finance at Societe Generale

Societe Generale has Paul-Antoine Thiebot as head of sustainable and positive impact finance for Asia Pacific.Based in Singapore, Thiebot most recently held the role of director of energy transition and sustainable finance within the bank and is replacing Yasmine Djeddai, who has taken on a new role... More

News
27 March 2024

Turk Eximbank signs €140m syndicated loan

Turk Eximbank has signed a ten-year €140 million ($152 million) syndicated loan deal under the insurance of NEXI.The ECA said the financing from commercial banks, with a repayment guarantee of the treasury, will be used to bolster trade activities between Turkish exporters and Japanese firms.... More