Finance arranger in the Kusile Boilers contract.
A consortium of 4 international banks involved with funding the Euro 705 million contract over 12 years.
Export Credit was also arranged with Euler Hermes
(German ECA) over the foreign content of the contract with Hitachi Power Europe
Once completed, the facility will be one of the largest and most cutting-edge steel mills in North America, and at US$1.6bn is the largest investment in the state of Arkansas’ history.
The components of the production and steel recycling mill come from Germany, supplied by steel mill systems provider SMS Siemag in Düsseldorf.
$US2 billion financing for expansion of several petrochemical projects in India operated by Reliance Industries Limited (RIL) KfW IPEX-Bank GmbH arranged the Euler Hermes cover, while the following nine banks participated in funding the facility:
KfW, Citibank N.A.; Commerzbank AG; Nord LB, Banco Santander, S.A., Landesbank Baden-Württemberg, DZ BANK AG, BHF-BANK AG and ING Bank.
Combined cycled power plants, Barka III and Sohar II, 2x744MW
Sultanate of Oman
$1300m / 17years