TXF in depth

Modernise OECD Arrangement to boost sustainability, ICC report urges
Modernise OECD Arrangement to boost sustainability, ICC report urges
Hesham Zakai
22 September 2021

Modernising the OECD Arrangement, harmonising definitions, widening origination efforts, and leveraging blended finance opportunities are all critical to increasing the volume of sustainable export finance transactions, according to a new ICC White Paper on Sustainability in Export Finance.

TFP: The paths less travelled with EBRD’s Makhmudova
TFP: The paths less travelled with EBRD’s Makhmudova
Jessica Brown
16 September 2021

The EBRD’s Trade Facilitation Programme continues its success and in no small measure that is down to its team. Kamola Makhmudova reflects on her decade as lead banker of TFP, and users of the programme discuss its continued importance.

Producers that tap project debt
Producers that tap project debt
Max Thompson
8 September 2021

From Vitol’s $7.9 billion Offshore Cape Three Points oil and gas project in Ghana five years ago to Geopacific Resources’ Woodlark gold project in Papua New Guinea this year, limited/non-recourse debt remains an attractive instrument in trading houses’ financial toolkits.

TXF Originals

Myrtle solar-plus-BESS construction facility signed
22 October 2021

TotalEnergies M Solar has raised construction financing for its Myrtle project – a 340MWac solar VV plus 225 MWh battery energy storage system (...

Tanajib cogen reaches financial close
22 October 2021

Marubeni and Taqa have reached financial close and signed the project agreements for the Tanajib cogeneration and desalination project.Structured as a...

LC extension for ConEd's California solar portfolio
21 October 2021

Consolidated Edison Development has closed on an extension of a letter of credit for its 110MW California solar portfolio – CED California Holdi...

Midland Cogen refinancing closed
21 October 2021

OMERS has closed on a refinancing for its1633MW Midland Cogeneration project in the US. Closed in late September, the $440 million seven-year deal com...

Chin starts at BMO
19 October 2021

Timothy Chin has taken up his new role at BMO Capital Markets as head of Energy Transition within its Global Project and Structured Finance team.He jo...

TXF Data

Export & Agency Finance Lender 2021

Bank USDm No %
1 ING Bank 936m 9 7%
2 Santander 923m 9 6.9%
3 Crédit Agricole CIB 881m 9 6.6%
4 Deutsche Bank 829m 8 6.2%
5 JP Morgan 654m 8 4.9%
6 Société Générale 648m 5 4.8%
7 BNP Paribas 614m 8 4.6%
8 HSBC 559m 8 4.2%
9 Sumitomo Mitsui Banking Corporation (SMBC) 546m 10 4.1%
10 Citi 543m 4 4.1%

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