ANNOUNCEMENT 31 Jul 2015In July 2015, the German Export Crediting Agency announced its support of an export project concerning the construction of a silicon furnace in Iceland.
NUMBER OF INTERVENTIONS
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 (111 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.