Project finance is a non-recourse loan structure used to fund infrastructure projects. Project finance keeps the debt off the project sponsor’s balance sheet – if the project defaults, the lenders take over ownership of the project asset and have no recourse to the original project sponsor. This enables developers to borrow money for major projects without the risk of corporate bankruptcy should the project fail. The structure is widely used in the financing of major projects in the oil and gas, power, renewables, mining, transport (fixed and moveable assets) and public-private-partnership (P3) sectors. In addition to non-recourse debt, project financing can take the form of limited recourse debt, ECA-backed debt, DFI-backed debt, project bonds and even securitisations.
This month, TXF were proud to announce the winners of the Export Finance Industry Choice Award at TXF Global 2019: Export, Agency & Project Finance event in Berlin. Click here to see the winners.
The 640MW Yunlin offshore wind project in Taiwan has provided a viable financing template for large-scale offshore wind farms in nascent markets across Asia-Pacific. But heavy ECA backing and local bank funding are still key to getting Taiwan’s future offshore wind projects over the financial line. `
TXF China brings an exclusive group of senior structured finance professionals together in Shanghai for a day of collaborative discussion of regional opportunities and productive network building.
The annual German export finance event to join. Senior and exclusive! Includes afternoon session and ice-breaker drinks on the 25th, with a full agenda on the 26th.
TXF Spain brings a broad range of exporters and financiers from across the country. Conducted in Spanish, attendees can expect to gain exciting new opportunities and connections for exporting.
TXF MENA 2019 returns covering the opportunities at your fingertips across ECA, Project, Trade and Commodity Finance in this region. Senior and unmissable!
The climax to Geneva commodities week, TXF Geneva brings together the European commodity finance market for an unparalleled day of thought leadership, networking and education.
TXF Italy 2019 is dedicated to the Italian export finance market. Hosted by SACE and attended by senior local exporters, this event explores the latest trends and future opportunities in the market.
A key event in the export, agency & project finance event calendar for senior and influential professionals working across the Asia-Pacific region. Networking and deal opportunities abound!
Join the movers and shakers of the political risk and trade credit insurance market for a day of networking, education and collaborative discussion