ANNOUNCEMENT 30 Sep 2010

In September 2010, the German Export Crediting Agency announced its support of an export project concerning the delivery of a GUD power plant to Oman.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 30 Sep 2010 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in September 2010 and finances the delivery of a GUD power plant ('GuD-Kraftwerk') to Oman. The benefitting German exporter is Siemens AG.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 5. This category includes projects with a financing value of over 200 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 201 million EUR (274 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 14 years. The financing institution is KfW IPEX-Bank GmbH in an international consortium.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A