TXF in depth

Mexican renewables: Can DFIs remedy investors’ woes?
Mexican renewables: Can DFIs remedy investors’ woes?
Max Thompson
8 July 2020

A stack of Mexican government policies in the energy space - supposedly implemented in response to the Covid-19 pandemic by Lopez Obrador's government - has forced project sponsors to take government agencies to court in order to bring renewable projects online. But can DFIs help provide further comfort to investors and banks looking to exit the sector?

Spotlight on Singapore as commodity banks nurse potential losses
Spotlight on Singapore as commodity banks nurse potential losses
Jonathan Bell
25 June 2020

The high-profile collapse of Singaporean-based oil trader Hin Leong and other certain suspect cases has highlighted malpractices within the sector and concern for future lendings. Jonathan Bell assesses what this all means for the commodity finance community in the city state.

Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Tulu Moye geothermal: Diversifying Ethiopia's energy mix
Max Thompson
11 May 2020

TXF spoke with Darrel Boyd, CEO at TM Geothermal Operations (TMGO) to outline the progress and challenges of procuring and financing the 150MW Tulu Moye geothermal power project in Ethiopia amid the coronavirus pandemic – the country's first independent power producer (IPP).

TXF Originals

Kexim in for Hanwha Energy's Irish battery storage units
16 October 2020

Sponsors of two 100MW battery storage systems projects in Ireland, UK - Hanwha Energy (80%) and local partner Javah Eenergy Holding (20%) - are expect...

GR Value signs on PV portfolio acquisition financing
15 October 2020

Italian renewables start-up GR Value – via borrowing vehicle GR Value 2 – has raised a €35.9 million facility to finance its acquisit...

Tulu Moye geothermal EPC bids due
15 October 2020

The heavily DFI-backed 50MW first phase of the $800 million 150MW Tulu Moye geothermal power project in Ethiopia's eastern Rift Val...

Ecuador receives bids for two renewable projects
14 October 2020

Ecuador’s Ministry of Energy and Non-renewable Natural Resources has received bids from prospective developers to develop two renewable projects...

Peruvian solar portfolio refi nears financial close
13 October 2020

Sponsors of a solar power farm portfolio in Peru - Spanish developer Solarpack Corporacion Tecnologica and French investment fund manager Ardian - are...

TXF Data

Commodity Trade Finance Lender H1 2020

Bank USDm No %
1 JP Morgan 4857m 11 7.4%
2 BNP Paribas 4734m 25 7.3%
3 Société Générale 3808m 24 5.8%
4 ING Bank 3785m 35 5.8%
5 MUFG Bank 2992m 21 4.6%
6 Sumitomo Mitsui Banking Corporation (SMBC) 2594m 16 4%
7 Mizuho 2459m 16 3.8%
8 Crédit Agricole CIB 2451m 16 3.8%
9 HSBC 2019m 13 3.1%
10 Rabobank 2007m 23 3.1%

TXF Podcast

Song of the day

The Hollies
He ain't heavy, he's my brother
Listen on TXFunky