The first phase of the 800MW Al Kharsaah solar PV project in Qatar has reached financial close despite the Covid-19 crisis. The project is backed by a world record low tariff for a solar scheme to meet conditions precedent, after bids for the 2GW Al Dhafra solar PV in Abu Dhabi came in even lower last month.
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A new commodity trader is set to tap the ECA-backed loan market to diversify their fund mix amid the drive to energy transition. The deal marks a continued increase in the use of ECA debt as an instrument in trading houses’ financial toolkits.
TXF will be hosting the 10th Anniversary of its Global Commodity Finance Conference in Amsterdam on 22-23 May 2024, at the Grand Krasnapolsky Hotel, with our black-tie Industry Awards Dinner on the 21st.