ANNOUNCEMENT 30 Nov 2011

In November 2011, the German Export Crediting Agency announced its support of an export project concerning the construction of two wind parks in the province of Quebec/Canada in Canada.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Nov 2011 | Removal date: open ended

Trade finance

The export loan was announced in November 2011 and finances the construction of two wind parks in the province of Quebec/Canada ('Errichtung zweier Windparks in der Provinz Quebec/Kanada') in Canada. The benefitting German exporter is an unidentified producer.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 4. This category includes projects with a financing value between 101 and 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 101 million EUR (136 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 18 years. The financing institution is KfW-IPEX Bank GmbH, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
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