The facility consists of three revolving tranches: a 364-day $400 million portion, a two-year $800 million tranche and a three-year $800 million piece.
Societe Generale (SocGen) will discontinue financing any new coal-fired power projects from January 1, 2017.
The new office will focus its efforts on “fragile states” and low-income countries, helping governments attract foreign investments in climate change and renewable energy projects.
TFAC members will provide insight on the challenges and prospects for US exporters in accessing finance.
The company is looking to finance the 54MW Pljevla coal-fired power project in Montenegro.
The MoU was signed by Afreximbank president Benedict Oramah and Kexim president Lee Duk-Hoon.
The loan may be expanded depending upon lender appetite.
SAF is the largest domestic trader and exporter of cocoa in the Ivory Coast.
The loan follows a $900 million 13.25 year Kexim-backed fundraising in May for the same project.
Olam International has appointed Bharat Gupta as regional head of trade and structured finance for Asia, the Middle East and Africa, based in Singapore.
The bank aims to grow its loan portfolio by between 10-15%, lower than the 30% achieved in 2015 but much higher compared to the loan growth performance of commercial banks at about 6%.
The project is a 20 year BOOT concession for an 800 million standard cubic feet per day LNG terminal in the Hidd industrial area of Bahrain.
Neoenergia and Iberdrola have raised a R$274.8 million ($85.5 million) 17-year loan from BNDES backing their 30MW Calango 6 wind farm project in Rio Grande do Norte state, Brazil.
The financing – which is supported by a €1.9 million ($2.07 million) grant from the EU – comes under the umbrella of the EBRD’s recently expanded Mid-size Sustainable Energy Financing Facility (MidSEFF) which now totals €1.5 billion.
$104 million The one-year bridging facility finances start of construction on the Villavicencio-Yopal toll road project.
Renewable energy financial advisory boutique Apricum, has appointed Yusuf Macun as partner and head of project finance advisory practice in Abu Dhabi and Dubai.
The loan, effectively a repeat annual borrowing by Gunvor to finance its European commodity trading operations, is expected to be finalised next month.
Hott will start his new role on November 1.
Funds will be used to support the import and export transactions of its corporate customers.
Dasgupta joins UKEF from HSBC, where he was most recently global head of the transaction management group within the risk distribution unit of the bank’s global trade and receivables finance division.