TXF in depth

Stuck in the great oil game!
Stuck in the great oil game!
Jonathan Bell
13 May 2020

The oversupply of crude oil coupled with the massive fall in demand due to Covid-19 has led historically low prices. What is the impact of this and who are the winners and losers? Jonathan Bell delves into the well to explore the scene.

Commodity supply chain digitisation pushed along by Covid-19
Commodity supply chain digitisation pushed along by Covid-19
Gabriella Martin
12 May 2020

Covid-19 may have accelerated the race for digitisation in commodity trade finance, but there are still significant legal challenges to overcome argues Gabriella Martin, senior associate, commodities and shipping group, Squire Patton Boggs.

Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Max Thompson
11 May 2020

TXF spoke with Darrel Boyd, CEO at TM Geothermal Operations (TMGO) to outline the progress and challenges of procuring and financing the 150MW Tulu Moye geothermal power project in Ethiopia amid the coronavirus pandemic – the country's first independent power producer (IPP).

TXF Originals

Japan prepares final conditions for first offshore wind auction
27 May 2020

Japan’s Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) are preparing to p...

ADB eyes Pakistan's Balakot hydropower plant financing
27 May 2020

ADB is eyeing up a $300 million loan to back the $755 million 300MW Balakot run-of-river hydropower plant in Pakistan. While the DFI is the lead co-fi...

Bokor Mountain wind project IPP nears PPA signing
26 May 2020

Singaporean-based renewables developer Blue Circle is in discussions with Cambodia’s state-owned utility Electricite du Cambodge to sign a 25-ye...

Northvolt battery factory project progressing
21 May 2020

Northvolt is progressing a €1 billion ($1.1 billion) multi-sourced debt financing for its planned Northvolt Ett lithium-ion battery factory proje...

OPWP to hold back investment capacity payments
21 May 2020

Oman Power & Water Procurement (OPWP) assured private power and water companies in the Sultanate that it will not hold back investment capacity pa...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Citi 1890m 2 16.9%
2 Industrial and Commercial Bank of China (ICBC) 1430m 1 12.8%
3 Sumitomo Mitsui Banking Corporation (SMBC) 1314m 3 11.8%
4 KfW IPEX-Bank 1099m 4 9.9%
5 Mizuho 672m 4 6%
6 MUFG Bank 546m 2 4.9%
7 Sumitomo Mitsui Trust Bank (SMTB) 515m 1 4.6%
8 BNP Paribas 491m 5 4.4%
9 ING Bank 402m 7 3.6%
10 Standard Chartered 388m 2 3.5%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 21.2%
2 ING Bank 1988m 13 6.5%
3 Société Générale 1560m 7 5.1%
4 UniCredit 1486m 8 4.8%
5 Deutsche Bank 1028m 5 3.3%
6 Rabobank 973m 7 3.2%
7 Sumitomo Mitsui Banking Corporation (SMBC) 909m 4 3%
8 Bank of China 846m 3 2.8%
9 BNP Paribas 828m 5 2.7%
10 MUFG Bank 716m 6 2.3%

TXF Podcast

Song of the day

Carole King
It's too late
Listen on TXFunky