TXF in depth

Keynote: The busy-busy post Brexit world of UKEF
Keynote: The busy-busy post Brexit world of UKEF
Katharine Morton
10 February 2020

Louis Taylor, CEO of UK Export Finance (UKEF), tells TXF he is all geared up for a busy life after Brexit. How is he facing media concerns about the UK’s export credit agency’s approach to sustainability? What about the world post US Exim reauthorisation? How is direct lending to SMEs going to progress?

Amur GPP: Better than the black stuff
Amur GPP: Better than the black stuff
Niamh Curran
7 February 2020

The heavily ECA-backed financing for Gazprom's Amur gas processing project has set new tenor and volume benchmarks for both the sponsor and Russian oil and gas – even allowing for some hefty politically driven Chinese and Russian bank participation. But it is still a fossil fuels deal, primarily aimed at Chinese offtake. So should EU domiciled ECAs be backing it?

Brazilian LNG-to-power: BNDES bears GNA cash brunt – again
Brazilian LNG-to-power: BNDES bears GNA cash brunt – again
Max Thompson
5 February 2020

BNDES’ heavy involvement in the GNA II liquefied natural gas (LNG)-to-power project funding mix contrasts its bid to leave more room for private investors in large-scale project financings in Brazil. So when will such projects be dealt the card of pure commercial bankability?

TXF Originals

Details emerge on Ghoubet wind farm deal
21 February 2020

Sponsors of the 60MW Ghoubet wind farm in Djibouti – AFC (51%), Climate Fund Managers (CFM) (19.5%), FMO (19.5%) and Great Horn Investment Holdi...

RBC to launch refi of $767m facility next month
21 February 2020

RBC is due to launch the refinancing of a $767 million seven-year loan to back London-based North Sea Midstream Partners. Kuwait’s Wren House bo...

S&P releases European offshore wind report
20 February 2020

S&P Global Ratings has released a report suggesting that although European offshore wind will continue to ‘accelerate’ as an industry,...

Mongolia sounds out EPCs for two solar PV projects
20 February 2020

Mongolia’s Ministry of Energy has launched the international competitive bidding process to EPCs for two solar PV projects under its $66.2 milli...

Valorem closes on debt for two French PV projects
18 February 2020

Valorem has closed on €32 million of financing for its Mezos and Pinvert PV projects in France. The projects are part of an 80MW cluster being de...

TXF Data

Export & Agency Finance Lender H1 2020

Bank USDm No %
1 Raiffeisen Bank International 27m 1 57.6%
2 Mizuho 20m 1 42.4%

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 270m 2 9%
2 ING Bank 215m 3 7.2%
3 UniCredit 215m 3 7.2%
4 Standard Chartered 150m 1 5%
5 Mashreq Bank 150m 1 5%
6 Commercial Bank of Dubai 150m 1 5%
7 Société Générale 122m 2 4.1%
8 Rabobank 122m 2 4.1%
9 Credit Suisse 122m 2 4.1%
10 ABN AMRO 122m 2 4.1%

TXF Podcast