ANNOUNCEMENT 01 Sep 2015

On 1 September 2015, the US government approved funding to support an export operation carried out by Bmr Energy Llc.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

USAspending.gov. Award page. Foreign Investment Financing. Bmr Energy Llc.
https://www.usaspending.gov/award/ASST_NON_9000025993_7100

U.S. International Development Finance Corporation, "Our Products", (retrieved on 15/07/2021). Available at: https://www.dfc.gov/what-we-offer/our-products

Inception date: 01 Sep 2015 | Removal date: open ended

Trade finance

On 1 September 2015, the Overseas Private Investment Corporation approved funding to support an export operation carried out by Bmr Energy Llc. The total amount granted was USD 63 million. The operation was located in Jamaica. The support was granted through the Foreign Investment Financing programme.

The Foreign Investment Financing program provides financing for projects in developing countries to increase US exports, to advance American foreign policy goals, and to promote the US commercial competitiveness around the world. Under the program, projects must have significant participation by a sponsor from the United States. The program is run by the U.S. Overseas Private Investment Corporation (OPIC). In 2020, OPIC transformed into the U.S. International Development Finance Corporation (DFC).

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A