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 May 2016 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in May 2016 and finances the delivery / construction of a steam turbine for a waste incineration plant ('Lieferung / Bau einer Dampfturbinenanlage f?r eine M?llverbrennungsanlage') to the Netherlands. The benefitting German exporter is Kraftanlagen M?nchen GmbH, M?nchen.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (57 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is ING Bank, 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

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