Norwegian marine services provider Petroleum Geo-Services (PGS) has undergone a restructuring of its $305 million ECA-backed facility from 2014. The two lenders, SMBC and JBIC, have granted a grace period of two years in exchange for amended cash sweep provisions as part of a broader restructuring...
Daniel Bembennek, head of finance and guarantees, in the decarbonisation technologies sector at thyssenkrupp, argues that long term trends towards decarbonisation are...
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...
Today’s Exile is Veronika Koroleva, Partner at gunnercooke. Veronika’s Exile celebrates the importance of mentorship and resilience, as well as embracing alternative working models to deal with problems that aren’t quite as unprecedented as we give them credit for.
Daniel Bembennek, head of finance and guarantees, in the decarbonisation technologies sector at thyssenkrupp, argues that long term trends towards decarbonisation are unambiguous, and relentless, even amid geopolitical headwinds. However, ECA adaptability will remain key.
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 political paradigm emerging from the US. He’s optimistic for his company, less so personally.
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