ANNOUNCEMENT 31 Jul 2009

In July 2009, the German Export Crediting Agency announced its support of an export project concerning a wind park to Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2009 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in July 2009 and finances a wind park ('Windpark') to Turkey. The benefitting German exporter is Nordex Energy GmbH.

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

The maturity of the loan will be 10 years. The financing institution is Commerzbank AG, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A