KfW IPEX-Bank

Ryno Verster, Vice President and Senior Business Development Officer at KfW IPEX-Bank’s Johannesburg office, contributed his financing expertise to the Infrastructure Africa event in #CapeTown last week. Ryno took part in the “Funding and Investment” panel. “We discussed how projects can attract and secure adequate funding from both public and private sources” says Ryno. Given the fact that large pools of debt capital do exist, yet remain untapped due to a lack of bankable and sufficiently de-risked projects, a big topic was how to mobilise this capital through innovative financing mechanisms and de-risking solutions. Ryno outlined the role of Export Credit Agency (#ECA) insurance products and other credit enhancements in the market to remove political risk from the equation. “In addition to helping to close the infrastructure funding gap on the continent, this creates a win-win for foreign exporters who enjoy more competitive market positioning, and local borrowers, who reap the benefits of lower margins and longer loan tenors” says Ryno. He also underscored the need for better project risk assessment, especially in the realm of Public Private Partnerships – each risk needs to be allocated to the party in the best position to manage such risk at the lowest cost. This leads the lowest possible overall risk-adjusted project cost, ultimately leading to better financing outcomes for the project. As one of the world’s pre-eminent export finance banks, these insights demonstrate KfW IPEX-Bank’s relevance in the African infrastructure market, where complex infrastructure projects seek solutions that address inherent project risks and help bridge the gap between available capital and urgent infrastructure funding needs. The panel was moderated by Daniel makokera (CEO, Pamuzinda Productions) and joined by: ✅ Mohan Vivekanandan | Development Bank of Southern Africa (DBSA) ✅ Alastair Herbertson | Emerging Africa Infrastructure Fund ✅ Towela Jere | AUDA NEPAD ✅ Philemon Thabo Thobane | Senior underwriter, Export Credit Insurance Corporation of South Africa Soc Ltd (ECIC) ✅ Ryno Verster, Vice President and Senior Business Development Officer | KfW IPEX-Bank #InfrastructureAfrica #infrastructure #InfrastructureFinancing #ProjectFinance #ExportFinance #IPEX

Congratulations to Alpha Trains Group! 🎉 We are very glad to contribute to this financing and thus again support our long-standing customer #AlphaTrains. #railway #transportation

KfW IPEX-Bank once more supports its long-standing customer Railpool: Under the existing financing platform, KfW IPEX-Bank as Facility and Security Agent and Mandated Lead Arranger together with Crédit Agricole CIB as Mandated Lead Arranger, jointly provided equal amounts of debt capital totaling EUR 400 million with a term of seven years. The banking syndicate is acting as bookrunner and underwriter. Furthermore, and also under the existing financing platform, KfW IPEX-Bank is providing a EUR 60 million revolving credit facility to RAILPOOL as sole lender for a term of seven years. With this financing, KfW IPEX-Bank supports the transfer of transport from road to rail and contributes to #decarbonisation in the #transport sector. #rail #locomotives #transportation #RollingStock #railpool #GreenTransport #sustainability #IPEX

🚆 Driving forward clean transportation 🚆 KfW IPEX-Bank is participating in the financing of new electric multiple units (EMUs) for ÖBB (Austrian Federal Railways) through a #GreenLoan amounting to EUR 150 million. The new EMUs will help ÖBB implement its #sustainability strategy as well as the Sustainable Finance Framework with regard to the green project category “Clean Transportation”. In addition, the project contributes to the European Union's goal of clean transport in accordance with the Green Loan Principles. This project is in the European Community's interest and also receives financing from the European Investment Bank (EIB). The financing has a term of 15 years. “We are delighted to once again support ÖBB with our financing and thereby advance the transport transition in Europe,” explained Andreas Ufer, Member of the Management Board of KfW IPEX-Bank. “Rail transport plays a crucial role in decarbonising the transport sector, which is why we are financing sustainable rail vehicles worldwide.” ÖBB-Personenverkehr AG Managing Director Heinz Freunschlag: "We are delighted we were able to successfully conclude further financing with KfW IPEX-Bank. This will allow us to continue our extensive procurement and investment programme as we develop a modern, comfortable and high-capacity train fleet." The new trains are intended to further improve the quality of service and attractiveness of rail passenger transport and so motivate more passengers to switch from cars to trains. #mobility #rail #SustainableTravel #MobilityFinance #Austria #ÖBB #IPEX

A cherished tradition: KfW IPEX-Bank hosted its annual Syndications Day. “It was a great pleasure bringing together more than 100 professionals from more than 50 financial institutions and partners representing a significant cross-section of the Project Finance as well as Export Finance syndicated loan market for such a well-attended and enjoyable event”, said Dr Velibor Marjanovic, Member of the Management Board of KfW IPEX-Bank. "At Weingut Trenz in the beautiful vineyards of the Rheingau region, we had the a perfect opportunity for informal exchanges about current market developments, while also celebrating the successful cooperation we have achieved with our partners” adds Thomas Bernhards, Co-Head of Syndications. Michael Platzöder, Co-Head of Syndications, further underlined this by adding: “We are looking forward to continuing our excellent relationships within the #syndications community and to working with our partners on upcoming projects.”

KfW IPEX-Bank expert Ekaterina Galitsyna will contribute her expertise to the conference Correspondent Banking & Trade Finance 2024 in #Azerbaijan. On a top-class panel, Ekaterina will discuss main challenges of opening and maintaining ongoing correspondent banking relationships in Azerbaijan, including questions like: How to overcome these challenges? Are the tightening compliance rules an answer? How to work in the tightening compliance rules regime? How does the current economic and political situation reflect on the trade finance business in the region? Which solutions can be utilized in short order for an immediate boost to business continuation? The panel will be moderated by Ikbol Hakimov (Principal Banker EBRD UK) and joined by: ✅Dennis Sigitoff | Vice President DZ BANK AG Bank | Germany ✅ Gianpaolo Baldassarre | Head of Correspondent Banking BCC Banca Iccrea | Italy ✅ Daniel Rymer | Vice President Mizuho | Japan ✅ Ekaterina Galitsyna | Business Development and Origination; Eastern Europe, Central Asia and South Caucasus KfW IPEX-Bank | Germany Ekaterina will also be the moderator of the subsequent ECA’s discussion which covers these aspects: What key priorities should ECAs be focused on in this time of crisis? How urgent is the need for banks and ECAs to come together internationally and collaborate on the way forward? Do ECAs need to do more to encourage buyers to continue with new programmes and also to encourage banks to take on new business? The panel will be joined by: ✅ Armana Bekbassova | Director, International Co-operation KAZAKHEXPORT | Kazakhstan ✅ 王雪珍 | Representative SINOSURE | China ✅ Michael Geske | Senior Underwriting Manager CIS Euler Hermes | Germany More information and registration here: https://lnkd.in/eBAWsCAi #TradeFinance #ExportFinance #ProjectFinance #ECA #IPEX

Climate change does not know any borders and neither do we when it comes to financing climate action projects worldwide. This time in #Uzbekistan. Together with our sister company DEG we are proudly contributing financing for a solar and battery storage project in the region of Tashkent. With a 200MW photovoltaic plant and a 500MWh Battery Energy Storage System (“BESS”) this is really a landmark project in the region, realised by our long-standing customer ACWA Power which we are supporting on its transformation path all over the world. Dr Velibor Marjanovic, Member of the Management Board of KfW IPEX-Bank: "With our financing for this pioneering project we underline our joint commitment to projects that contribute to the transformation towards a carbon-neutral future." Go to press release: https://lnkd.in/edgjkmck #EnergyStorage #BatteryStorage #RenewableEnergy #SolarEnergy #solar #sustainability #decarbonization #IPEX

Did you know that large quantities of CO2 are released from waste that is deposited in open landfills, as is common practice in many countries? Rotting waste releases what is known as landfill gas, a combination of CO2 and methane, which is even more harmful to the climate. It is much more climate-friendly to incinerate the waste, especially if the energy released in the process is utilised, as is the case in modern Waste-to-Energy plants. Abu Dhabi has now decided to divert most of its waste from landfills and to showcase the value of waste as an energy source to reduce environmental pollution, and KfW IPEX-Bank is proudly contributing financing to the country's first Waste-to-Energy plant. Dr Velibor Marjanovic: “It’s a perfect match for us: With our financing, we support German and European exporters and, at the same time, the project helps to reduce carbon emissions and promotes circular economy in Abu Dhabi.” Go to press release: https://lnkd.in/e4BcxQVz #energy #wastemanagement #wastetoenergy #sustainability #decarbonization #IPEX

News from our base in the #US: Timo Hellwig, CFA takes over as our New York based Head of KfW IPEX-Bank Representative Office North America, following Bela R. Onken who had held this role since 2018. “I’m very much looking forward to working for our bank in New York and to cover the North American market together with my team continuing the success story” says Timo. “In my previous role in London, I worked on numerous US projects, in particular financing infrastructure, fiber and university energy transition projects.” Bela added: “I am extremely grateful for having had the opportunity to serve the bank over the last 6 years developing the North American market jointly with our incredible and amazing team. It has been a fantastic ride. We have been able to significantly increase our footprint in the US market and building our reputation as project finance focused bank. I wish Timo, who I have known well for a long time, personally all the best for his new role. Together we will continue our success story.” Our representative office in New York is our gateway to North America. It represents KfW IPEX-Bank in the USA and Canada. The financings focus on the transition towards #decarbonization and #digitalization in the economy and society, in particular renewable energy and digital infrastructure. Besides identifying potential financing opportunities, the New York office is in close contact with players in the syndication market such as financial institutions and banks located in New York and other financial centres in the region. Get in touch with Timo Hellwig, CFA to discuss financing opportunities in the North American market! #ProjectFinance #ExportFinance #renewables #DigitalInfrastructure #infrastructure #EnergyTransition #IPEX

🚗🔋⚡🔌 Financing the mobility transition in #Europe: KfW IPEX-Bank and NatWest have together provided £55 million of debt facilities to support Be.EV’s electric vehicle charging network rollout. The funds will be used to accelerate the expansion of Be.EV’s charging network in communities across the #UK who don’t have access to rapid and ultra-rapid charging yet. By the end of 2024 Be.EV plans to operate more than 1,000 publicly accessible corresponding charge points in these regions. The chargers will be powered by renewable energy from Octopus Energy.   With this financing, KfW IPEX-Bank underlines its commitment to contribute to the green transformation of the economy and society.   Andreas Ufer, Member of the Management Board of KfW IPEX-Bank, said: “We are glad to have won Be.EV as a new customer and thus help advance the e-mobility infrastructure in the UK. It is our mission to support the mobility transition with our financings in Europe and worldwide and drive the change towards decarbonisation in our societies.” Asif Ghafoor, CEO of Be.EV, said: “The financing of KfW IPEX-Bank serves as a huge vote of confidence in our mission to provide reliable ultra-rapid charging to communities that have been left behind by the transition to electric vehicles. This sizably paves the way for future investments in the industry, which ultimately benefits the EV driving community and helps the UK Government’s Zero-emission-vehicles by 2035 mandate. It proves that investors, both domestic and international, are confident in the UK’s transition to EVs and its importance in transitioning to a net zero economy.” #EVcharging #emobility #electriccars #infrastructure #infrastructurefinance #sustainability #finance #IPEX