(Marketwired, Ottawa, 26 March 2014) - Export Development Canada (EDC) today announced that it has provided a USD 10 M line of credit to Turkish leasing company Ak Finansal Kiralama (AkLease), which will be used to provide financing to Turkish companies leasing equipment from Canadian...
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2014/02/28
Country: USA
Issue: Renewables
(Cape Cod Online, 26 February 2014) Cape Wind announced February 26th that a Danish credit agency has approved a $600 million loan for the proposed Nantucket Sound wind farm. Speaking at the GreenPower USA Offshore Wind Conference in Boston Cape Wind CEO Gordon said that EKF, the Danish Export...
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2014/02/28
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Human Rights
(Seattle Times, Washington, 6 February 2014) The U.S. government export credit agency says it's ready to provide financing for American companies exporting to former pariah nation Myanmar... The Export-Import Bank made the announcement Thursday, saying it would help improve trade flows between...
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2014/02/28
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
Member: Les Amis de la Terre
(Friends of the Earth France, Paris 10 February 2014) Tomorrow French President Francois Hollande will meet US President Barack Obama. Last year, Mr Obama announced the end of US public financing for new coal-fired power plants overseas, he now wants other developed countries to follow suit. In...
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2014/02/28
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
Issue: Climate Change, Oil, Gas and Mining
Member: Les Amis de la Terre
Friends of the Earth France has urged President Hollande and his government to end French support for coal-fired power plants via its export credit agency Coface and the various multilateral development banks in which it plays a significant role...
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2013/12/31
Country: USA
Issue: Aircraft
(Reuters, 10 December 2013, Seattle) - More commercial jet buyers will tap rapidly-expanding capital markets to...
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2013/12/31
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Country: USA
ECAs: Export-Import Bank of the United States
Issue: Climate Change
(PR Newswire, 12 December 2013, Washington) The board of directors of the Export-Import Bank of the United States (Ex-Im Bank) has adopted revisions to its environmental procedures and guidelines governing high-carbon intensity projects, claiming this aligns the Bank with...
2013/12/31
Country: Australia, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(International Business Times, 20 December 2013, Washington) Heavy equipment maker Caterpillar Inc., General Electric and Atlas Copco AB, a Swedish industrial holding company, are the latest beneficiaries of credit financing from the U.S. Export-Import Bank. The federal government’s export-...
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2013/11/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Aircraft
(Wall Street Journal, 19 November 2013, Dubai) The $200 billion aircraft order bonanza at the Dubai Airshow has focused attention on the little-known system of government export credit agencies, which are used to help fund planes and other big-ticket equipment such as power generators....
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2013/11/30
Country: Australia, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Herald Review, 15 November 2013, Decatur) After a year as gloomy as the bottom of a mineshaft, Caterpillar Inc. woke up to a bright ray of sunshine Thursday. The U.S. Export-Import Bank wants to say “yes” to making a $694 million loan that will help support more than 3,000 jobs, including...
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2013/09/30
Country: USA
ECAs: Export-Import Bank of the United States
Issue: Corruption
(PRN Newswire, 12 September 2013, Washington) The Office of Inspector General (OIG) for the Export-Import Bank of the United States (Ex-Im Bank) announced today that Teolinda Briseyda Angeles, an owner of an electronics company in Miami, Florida, was sentenced to serve one year and one day in...
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2013/09/30
Country: Australia, USA
ECAs: Export-Import Bank of the United States
Issue: Oil, Gas and Mining
(Heritage Foundation, 3 September 2013, Washington) For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal for...
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2013/09/30
Country: USA
ECAs: Export-Import Bank of the United States
(Trade Finance, 27 September 2013, Washington) The Export-Import Bank of the United States (US Ex-Im) and Overseas Private Investment Corporation (OPIC) have published contingency plans in the event that Congress fails to agree to a continuing resolution to fund the US government. For OPIC, “...
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2013/09/30
Country: France, USA
ECAs: COFACE, Export-Import Bank of the United States
(SpaceNews, 23 September 2013, Paris) Representatives of the U.S. and French export-credit agencies gave no sign of pulling back on their support for their domestic rocket and satellite builders despite ongoing concerns by private-sector bankers that the agencies are funding projects that...
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2013/09/01
Country: USA
ECAs: Export-Import Bank of the United States
(Bloomberg, Washington, 23 August 2013) The U.S. Export-Import Bank’s ability to compete with similar lenders from nations including China and Brazil has been hurt by questions stemming from last year’s reauthorization fight, according to the bank’s chairman. Fred Hochberg said reporters have...
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