TXF in depth

Formosa 2: Turbine-charge or trickle-charge for Taiwan offshore?
Formosa 2: Turbine-charge or trickle-charge for Taiwan offshore?
Oliver Gordon
31 October 2019

With the sponsors of the Formosa 2 offshore wind project having having reached financial close on a heavily ECA-backed project financing, confidence in the bankability of Taiwan's developing offshore wind market should be back on the up. But there are still reservations about availability of local liquidity for future deals and whether the predicted deal pipeline will deliver given the potential re-licensing of nuclear.

DEWA V: The record low solar tariff bid enigma
DEWA V: The record low solar tariff bid enigma
Max Thompson
29 October 2019

Dubai Electricity and Water Authority (DEWA) pulled in record low tariff offers this month for its latest 900MW solar PV scheme – DEWA V. But there was no promise from DEWA of a sovereign guarantee backing the project in the tender document. So how did bids go so low?

TXF MENA: Top 10 takeaways
TXF MENA: Top 10 takeaways
Hesham Zakai
23 October 2019

ECA excellence and large-scale multisourced project finance were the talk of the town at TXF MENA 2019 this month. TXF’s MD Hesham Zakai outlines the most dominant opportunities and headwinds facing the region.

TXF Originals

Turkey's new solar tender auction date set
5 December 2019

Turkey will tender out 1GW of new solar capacity in a reverse auction in April 2020 under its Renewable Energy Resources Area Project (YEKA) scheme. C...

More details on super six wind deal in Pakistan
5 December 2019

On 18 November, the IFC lead arranged and signed the financing for six wind farms in the Jhimpir corridor area of Pakistan.  The $450 million pro...

More details on Omaezakikou biomass plant deal
4 December 2019

Omaezakikou Biomass Energy – comprising Renova (38%), Chubu Electric Power (34%), Mitsubishi Electric Credit Corp (18%) and Suzuyo Shoji (10%) &...

Fox joins Carbon Engineering as CFO
4 December 2019

Kerri Fox has resigned as market manager and managing director of Project Finance at Silicon Valley Bank to join Canadian clean energy company Carbon ...

Protos WtE project debt signing imminent
3 December 2019

Biffa and Covanta are very close to signing a loan with AIB, ABN Amro, Natixis, NatWest, and Banco Sadabell for the Protos waste-to-energy (WtE) proje...

TXF Data

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 ING Bank 7258m 61 6.7%
2 Société Générale 6692m 54 6.2%
3 BNP Paribas 6551m 47 6.1%
4 Natixis 4750m 53 4.4%
5 MUFG Bank 4324m 33 4%
6 ABN AMRO 4098m 34 3.8%
7 Credit Agricole CIB 3962m 39 3.7%
8 Citi 3548m 24 3.3%
9 Rabobank 3115m 36 2.9%
10 Standard Chartered 2940m 26 2.7%

TXF Podcast

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James Taylor
Fire And Rain
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