ANNOUNCEMENT 31 Mar 2016In März 2016, the German Export Crediting Agency announced its support of an export project concerning deliveries and services linked to the construction of a combined 4'800 MW gas and steam power station in Egypt.
NUMBER OF INTERVENTIONS
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 (229 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.