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 Oct 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in October 2013 and finances the delivery of a steam generator and turbine plant linked to the construction of a brown coal power station ('Dampferzeugeranlage und Turbinenanlage im Rahmen der Errichtung eines Braunkohlekraftwerks') in Greece. The benefitting German exporter is Hitachi Power Europe GmbH, Duisburg.

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 (273 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8.5 years. The financing institution is a bank consortium led by KfW IPEX GmbH, Frankfurt.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

431 Engines & turbines & parts
8406 Steam turbines and other vapour turbines.
840681 Of an output exceeding 40 MW
461 Electric motors, generators & transformers; parts
8501 Electric motors and generators (excluding generating sets).
850164 Of an output exceeding 750 kVA

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