IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 Jan 2011 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in January 2011 and finances the delivery of an offshore wind park (Thornton Bank) ('Offshore Windpark Thornton Bank') to Belgium. The benefitting German exporter is Repower Systems AG.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 5. This category includes projects with a financing value of over 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 201 million EUR (275 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 15 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

544 Assembly & erection of prefabricated constructions

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