The Baltica 2 wind farm off the Polish coast has secured €1.4bn in commitments from three export credit and development institutions.| Global Trade Review (GTR)
Engie has secured a US$500mn term loan backed by the Export and Investment Fund of Denmark (EIFO), the French energy giant’s first direct financing facility supported by an OECD export credit agency. Société Générale and Citi arranged the facility, which also marks the first time EIFO has supported a loan for the French utility market. ...| 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)
It has been a harrowing three years for agricultural trader Nibulon, one of the largest grain exporters in Ukraine.| Global Trade Review (GTR)
The European Bank for Reconstruction and Development (EBRD) has established a €110mn guarantee facility aimed at boosting war risk insurance for cargo and transport companies in Ukraine. As part of the facility, launched alongside broker Aon today, the EBRD will seek to encourage international reinsurers to return to the Ukrainian market by covering their losses ...| 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)