(Price of Oil, Washington, 23 January 2023) Spain has released a new policy for CESCE, the Spanish government export credit agency, restricting public finance for oil and gas. Spain is a major public financier of international fossil fuel projects, providing USD 2.1 billion a year between 2018-...
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- (-) Remove Compañía Española de Seguros de Crédito a la Exportación filter Compañía Española de Seguros de Crédito a la Exportación
2023/01/30
Country: Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Climate Change
Member: Oil Change International
2022/10/29
Country: France, Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
(WebWire, Atlanta, 12 October 2022) Cesce, the Spanish Export Credit Agency, will support France's Alstom Group’s export activities focused on green projects with a dedicated amount of €500 million. -The agreement seeks to strengthen and consolidate the Spanish railway industrial footprint, in...
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2022/05/30
Country: Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Corruption, Oil, Gas and Mining
(Paris Beacon-News, Paris, 5 May 2022) Price Waterhouse Coopers (PWC) will carry out the external audit of the 2021 financial statements of the state company Petroperú in an effort to recover the confidence of creditors, bondholders, banks and risk rating agencies and hopefully allow...
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2020/10/28
Country: Spain, United Kingdom
ECAs: Compañía Española de Seguros de Crédito a la Exportación, UK Export Finance (UKEF)
(Zawya, Dubai, 4 October 2020) The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) signed a Memorandum of Understanding (MoU) for cooperation with the United Kingdom’s Export Credit Agency (UKEF). The MoU allows for both entities to enter into co-insurance,...
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2020/04/29
Country: France, Germany, Spain, United Kingdom
ECAs: COFACE, Compañía Española de Seguros de Crédito a la Exportación, Euler Hermes Deutschland AG, UK Export Finance (UKEF)
Issue: Debt, European Union
2019/02/28
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Export Import Bank of Korea, SACE S.p.A., UK Export Finance (UKEF)
Issue: Oil, Gas and Mining
(Reuters, Manama, 26 February 2019) Bahrain is talking to U.S. oil companies with shale oil expertise about developing a huge oil and gas field discovered last year, and hopes to have an interested company by the end of the year. Oil Minister Al Khalifa also said state-run Bahrain Petroleum...
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2018/12/30
Country: Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Oil, Gas and Mining
(Southern Heald, 12 December 2018) State-owned petroleum company Petroperú has closed a US$1.3bn export credit agency-backed financing as part of its US$5bn Talara refinery modernisation project. Deutsche Bank acted as facility agent for the syndicate, which also involves BBVA, BNP Paribas,...
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2018/12/30
Country: Spain
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Large Dams
(Global Trade Review, London, 30 November 2018) BBVA has granted a five-year €16.5mn loan to a hydroelectric project in Colombia with backing from Cesce, Spain’s export credit agency (ECA). The operation has been certified as “green” by consulting firm Aecom in line with the...
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2014/05/31
Country: Austria, Belgium, Finland, France, Germany, Italy, Netherlands, Portugal, Spain, United Kingdom
ECAs: Atradius, COFACE, Compañía Española de Seguros de Crédito a la Exportación, Ducroire/ Nationale Delcrederedienst, Euler Hermes Deutschland AG, Finnvera, Oesterreichische Kontrollbank AG, SACE S.p.A., UK Export Finance (UKEF)
(European Commission, Brussels, 7 March 2014) Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits foresees that Member States shall make available to the...
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2014/04/30
Country: Canada, Italy, Japan, Spain, Turkey, USA
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Export Development Canada, Export-Import Bank of the United States, Japan Bank for International Cooperation, SACE S.p.A.
Issue: Oil, Gas and Mining
(Bloomberg, Istanbul, 22 April 2014) Azerbaijan’s state oil company, Socar, is in the final stages of negotiations for a $3.5 billion loan to help build a refinery in Turkey, said Kenan Yavuz, chief executive for the company’s Turkish unit... Most of the $3.5 billion package, arranged by the...
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2006/12/09
(PaperAge, Hingham MA, USA, 13 December 2006) - Spanish pulp, paper and wood products producer Ence yesterday announced a new location for its planned 500,000 ton per year pulp mill in Uruguay after Argentina complained it would harm tourism and the environment at its original site on the Argentina... more
ECAs: Compañía Española de Seguros de Crédito a la Exportación
Issue: Pulp and Paper
2006/04/08
(Finnish News Agency, Helsinki, 28 April 2006) Topi Vesteri, the vice chief executive of Finnvera, the Finnish export credit guarantee body, was quoted as saying in the Friday issue of business daily Kauppalehti that it would have to reappraise its role in the mill being built by pulp maker... more
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Finnvera
Issue: Pulp and Paper
2006/03/07
(IPS, Santiago, 11 March 2006) As tensions between the governments of Argentina and Uruguay over two pulp mills on a river dividing the countries appear to be abating, local residents and activists continue to demand a halt to both projects. The Argentinian... more
ECAs: Compañía Española de Seguros de Crédito a la Exportación, Finnvera
Issue: OECD, Pulp and Paper