Wartsila: ECAs need to up emerging market risk
TXF spoke with Andreas Back, Product Security Development Manager at Wartsila to outline the major challenges and opportunities for major EPCs tapping ECA support, as...
TXF spoke with Andreas Back, Product Security Development Manager at Wartsila to outline the major challenges and opportunities for major EPCs tapping ECA support, as...
Andreas Back, senior manager, financial services, at Finnish energy and marine technology company, Wärtsilä, reflects on ECA-backed projects in the new global macro and...
A cold snap in Finland has certainly brought fast-starting intermediate power solutions into the spotlight. But it’s way more than a question of how much it costs to keep...
EPC contractors are having to deal with the inflationary ripples from the pandemic and the invasion of Ukraine. It’s 100 years since one attempt was made to reconstruct...
Andreas Back, senior manager, financial services at Wartsila reflects on the challenges of financing sustainable power and marine in the headwinds of the pandemic, the...
Andreas Back, senior manager, financial services at Wartsila goes in depth with TXF to discuss financing sustainable power in a market that still needs backups when the...
With the United States' first wave of economic sanctions on Iran already having a heavy impact on the Iranian economy, Jonathan Bell looks at how this will also affect...
Iran has yet to produce the project and trade flows bankers hoped for following signing of the JCPOA in 2016. The hurdles are largely born of the Trump administration –...
ECAs are stepping up their SME support initiatives. Application processes and ease of access to export cover is improving. But as commercial banks retreat from the SME...
In a recent speech, Dr Benedict Oramah, president of the African Export-Import Bank (Afreximbank), outlined plans to seize upon continental political will,...
Export credit agencies (ECAs) played a key role in stabilising and preventing a complete drying up of the trade finance market following the financial crisis of 2007. Max...
Doing business with and in other countries is vital for the growth of companies of all sizes and sectors. But in addition to business opportunities for internationally...
Basel regulators look to introduce new rules and export finance bankers will need to brace for further capital allocation on sovereign risks. Torsten Richter looks at the...
Nokia — Finland’s premier telecoms company — is in the process of finalising its takeover of France’s Alcatel-Lucent in a $16.6 billion deal that will propel the ailing...
If we think about academic research, we often think about theory development and testing with no or little concern for impact on the real world. We sometimes believe that...
The usual spiel given by the supply chain finance (SCF) salesman to the corporate buyer is that a SCF programme is a 'win, win, win' solution: a nifty, cutting-edge...
OMV Petrom, the largest oil and gas producer in South-Eastern Europe, has signed a revolving credit facility (RCF) amounting to €1 billion ($1.1 billion). The funding has...
Project sponsors, Northland of Canada and RWE Innogy (RWE) the German utility, have announced that the €1.2 billion ($1.3 billion) Nordsee One wind farm project has...
The Brazilian multinational energy corporation, Petrobras, has appointed João Adalberto Elek Junior as governance, risk and compliance officer.
ING Commercial Banking Germany has today appointed Andreas Becker as head of clients and products in its Frankfurt headquarters.
Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala Bwila University (KBU) expansion in Angola — a structure that shows how ECA cover can push out the tenor envelope for education infrastructure on the continent.