TXF in depth

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?

Keynote: SERV’s CEO thinking outside the box
Keynote: SERV’s CEO thinking outside the box
Katharine Morton
3 February 2020

What does being a modern ECA mean? Peter Gisler, CEO of SERV has strong views on the Swiss ECA’s ability to be proactive, flexible and to think outside the proverbial box of options available. Nonetheless, it isn’t always an easy path. Gisler shares his thoughts with TXF.

TXF Originals

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...

Mozambique LNG pushing toward financial close
18 February 2020

Arrangers on the Mozambique LNG project are pushing to reach financial close before April 2020. If negotiations go past this point the backstop guaran...

Changes at the helm at Citi: Ahearn retires, Pakcan steps up
18 February 2020

Ebru Pakcan has been promoted to global head of trade for Citi’s Trade and Treasury Solutions (TTS), reporting to Naveed Sultan, global head of ...

Oil India sounding out $225m loan
18 February 2020

State-owned Oil India has returned to the loan market for the first time in four years to sound out bank appetite for a $225 million term loan. Led by...

Potential sale of Gebze-Izmir concession stake
17 February 2020

JP Morgan has been mandated by the Otoyol AS consortium – comprising Nurol Insaat, Ozaltin, Makyol and Astaldi – to advise on the potentia...

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%

TXF Podcast

Song of the day

James Taylor
Fire and Rain
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