ANNOUNCEMENT 31 Mar 2017

In March 2017, the German Export Crediting Agency announced its support of an export project concerning the delivery and construction of 13 wind turbines in Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Mar 2017 | Removal date: open ended

Trade finance

The export loan was announced in March 2017 and finances the delivery and construction of 13 wind turbines ('Lieferung und Montage von 13 Windkraftanlagen') in Turkey. 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 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (17 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 15 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A