TXF in depth

Battery storage: Moving beyond Hornsdale
Battery storage: Moving beyond Hornsdale
Max Thompson
4 March 2019

Hybrid renewable and battery storage system projects have been proven bankable following the first non-recourse deal in 2018, and the deal pipeline is expected to grow. But stand-alone storage project financing remains a challenge as yet unanswered.

US-China trade truce provides breathing space
US-China trade truce provides breathing space
Jonathan Bell
27 February 2019

The cancellation of the hike in tariffs on imports from China into the US is giving rise to hope of a trade deal between the two countries and an end to the all-out trade wars. Jonathan Bell assesses the prospects.

Soyven: Soybean counting
Soyven: Soybean counting
Oliver Gordon
14 February 2019

In late 2018 HSBC structured a multi-jurisdictional import financing that inaugurated a rare joint venture between ADMC and Cargill in the Egyptian soybean sector.

TXF in brief

ACWA bags first PIF renewables partnership
16 May 2019

Saudi Arabia’s Public Investment Fund (PIF) has appointed ACWA Power – in which PIF announced it was going to increase its stake from 25% ...

Finerge refinancing closed
16 May 2019

First State Investments has closed the €800 million refinancing of the outstanding stapled debt of its Portuguese renewables company Finerge. The...

EMF sounds out banks for French offshore wind farm
13 May 2019

EMF – a joint venture between EDF and Enbridge - is sounding out banks to finance the construction of the 450MW Courseulles-sur-Mer offshore win...

Blue Elephant acquires stake in Montecristi solar project
10 May 2019

Blue Elephant Energy has secured a 65% majority stake in the 116MW Montecristi solar park in the Dominican Republic, with F&S solar retaining the ...

RFQs in for Zambia's Ngonye Falls hydropower plant
8 May 2019

Western Power Company (WEC) – a joint venture between InfraCo Africa (through eleQtra) and African Power Projects – received pre-qualified...

TXF Data

Commodity Trade Finance Lender H1 2019

Bank USDm No %
1 Societe Generale 2250m 13 7.8%
2 BNP Paribas 2160m 11 7.5%
3 ING Bank 2097m 12 7.3%
4 Citi 1918m 8 6.7%
5 Mizuho 1559m 6 5.4%
6 MUFG Bank 1485m 6 5.2%
7 ABN AMRO 1358m 7 4.7%
8 Natixis 1139m 12 4%
9 Commerzbank 1020m 2 3.6%
10 Bank of America Merrill Lynch (BAML) 929m 1 3.2%

TXF Podcast

Song of the day

The Mendoza Line
Tougher Than The Rest
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