ANNOUNCEMENT 31 Jul 2015

In July 2015, the German Export Crediting Agency announced its support of an export project concerning the construction of a wind park in Montenegro.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Jul 2015 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in July 2015 and finances the construction of a wind park ('Errichtung eines Windparks') in Montenegro. The benefitting German exporter is GE Wind 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 (56 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A