US Export-Import Bank promotes new renewable energy incentives

July 11, 2005 (Source: US Ex-Im Bank) — The US Ex-Im Bank is now offering export financing on repayment terms of up to 15 years for US exports of goods and services to be used in certain renewable energy and water projects. Effective as of July 1, the longer repayment terms are available in accord with an agreement of the Organization for Economic Cooperation and Development (OECD) that permits export credit agencies of OECD countries to offer enhanced terms for renewable energy and water projects.