Russia-based Novolipetsk Steel (NLMK) has amended the terms of its existing four-year €250 million credit line. Originally closed in 2017, the debt is now tied to ESG targets. The same two banks remain on the deal, with ING taking the role of sustainability coordinator and UniCredit as facility...
Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem,...
The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...
Today’s Exile is Madiha Aslam, Director and Head of Structured Finance At Innovo Group. Madiha admires people who forge their own path, drawing on their experience without being restricted by what’s gone before.
Uzbekistan’s growing energy market provides plenty of opportunities for infrastructure development, and ECAs are showing enthusiasm. Gas remains essential to its ecosystem, but Uzbekistan’s ambitions in hydrogen have helped to offset any concerns over long-term fossil fuel financing.
The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to materialise, most notably within the export finance market. EIFO has changed the narrative with a deal for UK production, but the roadmap to commercial bankability is long and complex.
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