Announcement
22 Apr 2024
In April 2024, KfW IPEX-Bank announced providing financing to support the export of wind turbines by German wind turbine manufacturer Nordex Energy to Türkiye. The loan is covered by a guarantee from the German Export Credit Agency Euler Hermes Aktiengesellschaft.
Source
Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
Implementation date
22 Apr 2024
Revocation date:
No revocation date
The German Export Credit Agency's approval process depends on the percentage of foreign-sourced goods included in the value of the export contract. Export contracts which include a foreign content ...
Implementation date
22 Apr 2024
Revocation date:
No revocation date
On 22 April 2024, the KfW IPEX-Bank announced providing financing worth EUR 28 million (USD 29.8 million) to Beres Elektrik's onshore wind farm in Bitlis, Türkiye. The measure will support the expo...
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