TXF in depth

Greece's high stakes renewables reforms
Greece's high stakes renewables reforms
Daniel Pembrey
8 January 2019

With a new renewable energy support scheme in place and a stabilising regulatory environment, the Greek renewables sector has begun attracting international lender and developer interest again. The odds on Greece meeting its ambition of becoming an energy hub for the EU look better – but they're still low.

Shop talk: VTB on evolving ‘Sino-Russia’ relations
Shop talk: VTB on evolving ‘Sino-Russia’ relations
Ross Crear
4 January 2019

Igor Ostreyko, managing director of trade and export finance at VTB, and Anna Ponomareva, head of ECA and agency finance at VTB, discuss product innovations in a post-sanction environment, and how the state-owned bank has become the only Russian lender to tap Sinosure cover.

EV Charging Infrastructure: Balancing the funding equation
EV Charging Infrastructure: Balancing the funding equation
Paul Nicholson
3 January 2019

Electric vehicle (EV) charging infrastructure is potentially the next big core market for project lenders and investors. But like mobile telecoms and broadband before it, the funding market for EV needs more certainty – risk mitigation, standardisation of technology and vehicle supply chain growth – before committing to the pricing and funding volume required to turn the sector mainstream.

TXF in brief

Southern Gas Corridor nears close on $1.5bn UFK-backed loan amid delays
16 January 2019

Azerbaijan's Southern Gas Corridor CJSC – rated Ba2 by Moody’s and 51% owned by the Ministry of Economy of Azerbaijan Republic with SO...

Amur GPP bank mandates by month-end
15 January 2019

Gazprom Pererabotka Blagoveshchensk – sponsor of the Amur gas processing plant (GPP) project – will mandate banks at a meeting in Moscow a...

Natixis appoints Delay new CEO of Americas CIB
15 January 2019

Olivier Delay has been appointed as Natixis’ new CEO of Americas CIB, effective 1 March 2019. Delay has been at Natixis for the past 10 yea...

Brockwell reaches financial close on EGEC
14 January 2019

Brockwell Energy has reached financial close on the project financing for its Earls Gate Energy Centre (EGEC) project – a £200 million ($2...

Al Dur 2 set to mandate banks
14 January 2019

Sponsors of the Al Dur 2 Independent Water and Power Project (IWPP) in Bahrain – ACWA Power, Mitsui and Al Moayyed Contracting – are neari...

TXF Data

Commodity Trade Finance MLA Full year 2018

Bank USDm No %
1 ING Bank 10005m 73 8.7%
2 Natixis 6923m 29 6%
3 BNP Paribas 6584m 36 5.7%
4 MUFG Bank 5366m 29 4.7%
5 ABN AMRO 4614m 37 4%
6 Société Générale 4128m 37 3.6%
7 Rabobank 4011m 32 3.5%
8 Deutsche Bank 3866m 20 3.4%
9 UniCredit 3660m 28 3.2%
10 Standard Chartered 3568m 21 3.1%

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