The German government has unveiled a package of measures to boost the scope of its export credit agency Euler Hermes, with banks praising more relaxed local content requirements and a friendlier stance on defence exports. In January, Germany’s economy and climate minister Robert Habeck revealed a series of reforms to help support the country’s industrial ...| Global Trade Review (GTR)
Export credit agencies (ECAs) are increasingly channelling support for energy deals to high-income countries as they shift to renewables, a study has found, further shrinking poorer nations’ access to energy finance. Wealthy nations have driven a sharp rise in export credit support for renewable energy technology in recent years, but a study published today in ...| Global Trade Review (GTR)
The Danish export credit agency has guaranteed US$420mn financing to expand a wind farm close to the frontline in Ukraine, underlining Denmark’s appetite to back projects in the country despite the war with Russia. The Export and Investment Fund of Denmark (EIFO) says it has guaranteed the loan provided by Danske Bank to DTEK, a ...| Global Trade Review (GTR)
Danish renewable energy developer Ørsted has secured a financing facility backed by a club of export credit agencies (ECAs) to fund an offshore wind project in Taiwan. The Changhua 4 wind farm, which is already under construction, will have 583 megawatts of capacity once completed and sit alongside three other wind farms, two of which ...| Global Trade Review (GTR)
