TXF in depth

Grand Eweng: Controlled flow or flood?
Grand Eweng: Controlled flow or flood?
Oliver Gordon
14 August 2019

Nachtigal set the financing template for hydro in Cameroon in late 2018. Now a very ambitious project more than four times the size of Nachtigal is underway, but is it too much too soon in terms of of bankability?

Al Dur 2: A Saudi nightmare on ECA street
Al Dur 2: A Saudi nightmare on ECA street
Max Thompson
13 August 2019

The $1.5 billion Al Dur 2 independent water and power project (IWPP) financing achieved a record length tenor for an uncovered local bank tranche, an indirect benefit of ECA support. But according to sources close to the deal, Saudi Exim’s direct loan debut proved a ‘nightmare’ to structure.

TXF Global Berlin: CESCE raises risk apetite in LatAm
TXF Global Berlin: CESCE raises risk apetite in LatAm
Max Thompson
29 July 2019

From the sidelines of TXF Global Berlin, Rocio Uriarte, deputy director for strategy at CESCE, talks about the Spanish ECA's growing pipeline of projects in Latin America, the limits of regulations and breaking away from traditional ECA financing.

TXF Originals

CTL closes on first non-recourse transmission deal in Cambodia
31 March 2020

Cambodia Transmission Limited (CTL) has closed the first non-recourse debt facility for a transmission line in Cambodia. The loan is being provided by...

Jawa 9&10 coal-fired plant nears signing
27 March 2020

Sponsors of the 2x1000MW Jawa 9 and 10 ultra-supercritical coal-fired power project in Indonesia – PLN-owned Indonesia Power (51%) and Barito Pa...

Summit Gazipur II oil-fired plant to close in Q2
25 March 2020

Summit Gazipur II – wholly owned by Singapore-headquartered Summit Power International – is expected to reach full financial close on a 10...

KAPP relaunched IWPP tender delayed again
24 March 2020

Kuwait Authority for Partnership Projects (KAPP) has delayed the relaunched tender for advisory services on the Az Zour North 2&3 and Al Khairan I...

Summit Gazipur Power financing closed
18 March 2020

Summit Gazipur Power - a subsidiary of Summit Corporation and Summit Power - has signed a $155 million deal for its 300MW heavy fuel oil-fired power p...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 TD Securities 6504m 1 32.1%
2 ING Bank 772m 7 3.8%
3 UniCredit 681m 5 3.4%
4 JP Morgan 677m 5 3.3%
5 Société Générale 588m 4 2.9%
6 Credit Suisse 488m 4 2.4%
7 Citi 486m 3 2.4%
8 Bank of China 466m 2 2.3%
9 Standard Chartered 450m 2 2.2%
10 Deutsche Bank 436m 3 2.2%

TXF Podcast

Song of the day

The Animals
We gotta get outta this place
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