TXF

The European manufacturing sector has been shaken recently by Northvolt's decision to halt expansion plans and reduce its workforce by a significant percentage. As a key player in the EU’s green industrial transition and one of the best-funded startups, Northvolt’s setbacks are concerning. Its two major export finance deals reflect efforts to align energy transition projects with ECA mandates, but delays and contract cancellations, including with BMW Group, highlight the growing technical challenges. Despite Northvolt’s struggles, 2024 has seen a surge in electric vehicle and battery storage deals, with significant appetite among lenders for sustainable industrial projects. Several major financings have closed this year, showing that the market remains strong. However, Northvolt’s challenges may signal potential headwinds for borrowers, especially given Europe’s ongoing reliance on critical mineral imports from China. As the sector navigates these difficulties, the complexity of green industry becomes more apparent. 📊 Subscribers can access more of TXF data here: https://lnkd.in/df7AsUpA If you are not a subscriber, you can explore TXF's subscription options here: https://lnkd.in/ez4uPRUW #GreenIndustry #EnergyTransition #EVs #BatteryStorage Source: #TXFIntelligence

🍁 New month, new deals – October’s Newsletter from TXF is here! This month, we’re bringing you updates on the most significant deals and trends in export and commodity finance. 🌍 Dive into stories like: 🔹Copenhagen Infrastructure Partners's Fengmiao offshore wind project 🔹 US Ex-Im & Qatar Development Bank's new MoU 🔹 Japan Bank for International Cooperation's green energy loan to ADNOC Group Plus, discover which countries are leading in export finance deals so far this year, and get insights on the top borrowers in Africa before our Africa 2024 event in Cape Town this October! #TXFIntelligence #ExportFinance #EnergyTransition #Africa2024 #ProjectFinance #RenewableEnergy #ExportCredit

Singapore, thank you for having us 👋 ! It's been a whirlwind two days at TXF Asia as we welcomed 500 agency, energy & infrastructure finance dealmakers through the door, sharing insights and insider knowledge from over 80 speakers, with hundreds of on-site meetings taking place in-between 🤝 TXF Subscribers - Don't forget that you will get exclusive access to all the sessions from across the two days, as well as data-led analysis and insights into the APAC region giving you a competitive edge to take your business forward! If you couldn't make it to the event in-person, here's what you missed! https://lnkd.in/eY4u5_kD #FINASIA24 #Singapore #networking #dealorigination #thoughtleadership #dealmakers #innovators

✨ Inspiring moments from our Women in Export & Infrastructure Finance Breakfast Briefing this morning in Singapore 🌟 A huge thank you to our incredible discussion facilitators and to everyone who participated. We dived into meaningful discussions about the opportunities and challenges that women face in the industry, with insightful conversations, shared experiences, and empowering visions for the future. Here's to building a more inclusive and supportive industry for all women and minority groups 📈 #WomenInFinance #Inspiration #Empowerment #leadership #networking #FINASIA24

Financing for Good: DFI and MDB Keynote 🌱 Be part of TXF Asia 2024 as we feature leaders from Development Finance Institutions (DFIs) and Multilateral Development Banks (MDBs) discussing their vital role in fostering sustainable development across Asia. Our expert panel will cover: 🔹 Institutional strategies and pipelines for Asia and the Pacific 🔹 Best practices for mobilising private capital into development projects 🔹 The significance of collaboration with Export Credit Agencies (ECAs) on development initiatives Introducing our esteemed panelists: ▪️ Sunita LUKKHOO, Head of Regional Representation for Southeast Asia and the Pacific, European Investment Bank (EIB) ▪️ Jackie B. Surtani, Regional Director, Singapore Office, Asian Development Bank (ADB) ▪️ Srini Nagarajan, Managing Director & Head of Asia, British International Investment ▪️ Maria Goravanchi, Regional Managing Director, :ower Mekong, U.S. International Development Finance Corporation ▪️ Tim Histed, Head of Thailand, MIGA Moderated by: 👤 Dominik Kloiber, Co-Founder, Exile Group 📄 View the full agenda here: https://lnkd.in/dvv-pmUx              #FINASIA24 #DFI #MDB #SustainableFinance #DevelopmentFinance #AsiaPacific #PrivateCapital #Collaboration

🌸 Breakfast Briefing: Celebrating Women in Finance 🌸 Join us on Day 2 of TXF Asia 2024 for an inspiring morning as we host an informal series of roundtables celebrating the crucial role of women in export and project finance! Our panel will discuss: 🔹How women can support and uplift each other in the workplace 🔹How male colleagues can contribute to creating supportive teams 🔹Pathways to promotion for women in the industry 🔹The differences women experience in the workplace in Asia vs. other regions Our incredible panelists include: ▪️ Eavie Burnett, Head of Content, TXF ▪️ Xian-Lin Mah, Executive Director, J.P. Morgan ▪️ Esther Tsang, Director, Global Structured Syndicate, HSBC ▪️ Katarzyna Kowalska, Vice Chairman, KUKE ▪️ Isabel Galdiz, Vice President, Export-Import Bank of the United States ▪️ Eileen Ng, CFA, Director - Origination, Asia and Middle East, Plenary Group ▪️ Anne Crepin, Head of Export Credit, Sfil Don’t miss this empowering conversation! 📄 View the full agenda here: https://lnkd.in/dMY8WWx4 #FINASIA24 #WomenInFinance #WomenInLeadership #ExportFinance #ProjectFinance #FinanceNetworking #AsiaFinance

Day one draws to a close in Singapore with hundreds of dealmakers converging at the networking drinks reception sponsored by PEI Global Partners 🍻 ! Don't forget, TXF Subscribers can get exclusive access to all of today's session on-demand in the coming days via your content library here: https://lnkd.in/gwXRWSg2 This afternoon saw industry leaders turn their sights to the future, from changes and innovations in the ECA finance market, to the impact of AI on the export and project finance markets, and delving into the future of #renewables finance. More to come tomorrow... #exportfinance #singapore #FINASIA24 #projectfinance #energytransition #apac

🚀 What a day here in Singapore for TXF Asia 2024! 🎉 We've shattered records with our biggest EVER event in the APAC region, and it's been an absolute blast. From nail-biting gameshows to ECA and DFI leaders sizzling in the hotseat, it has been a full schedule so far 🙌 We've had borrowers and project sponsors dishing out exclusive project pipelines and renewables trailblazers leading the charge in the energy transition. The future looks bright, and this is just the beginning 🌟 #FINASIA24 #energytransition #gameshow #singapore #exportfinance #projectfinance #developmentfinance #renewables #expertinsight

🛡️ Keeping Things Moving: The Insurance Panel Private insurance remains a critical component in export and project finance transactions across Asia. At TXF Asia 2024, we bring together leading insurers and product users to discuss why the private insurance market is more essential than ever. Key topics include: ▪️ What feedback do bank users have for insurers in Asia? ▪️ How have geopolitical shifts impacted the cost and availability of cover? ▪️ Why is private insurance still important for projects in Asia? ▪️ Is there enough capacity in the market? Meet our expert panelists: 🔸James Guardino, Senior Underwriter, Political & Credit Risk - Asia Pacific, HDI Global SE Singapore 🔸Jack Hullah, Underwriting Manager - APAC, AXA XL 🔸Dennis Eucogco, Principal Investment Specialist (Guarantees & Syndications), Asian Development Bank (ADB) 🔸Alexander Klepp, Head of Underwriting Single Risk Austria, Credendo 🔸James Lord, Director, BPL Moderated by: 🔸Max Thompson, Managing Editor, TXF Engage in this key discussion on the future of private insurance in Asia! 📄 View the full agenda here: https://lnkd.in/dMY8WWx4 #FINASIA2024 #PrivateInsurance #ExportFinance #ProjectFinance #AsiaPacific #FinanceNetworking

🌟 Powering Projects: Borrowers & Project Sponsors 🌟 At TXF Asia 2024, we’re putting project sponsors and export finance borrowers centre stage! This panel will explore key questions, such as: 🔹What projects are in the pipeline? 🔹What do project sponsors need from financing markets to get deals done? 🔹How are sponsors responding to Asia’s pressing energy transition challenges? Join our expert panel: ▪️ Eileen Ng, CFA, Director - Origination, Asia and Middle East, Plenary Group ▪️ Yan-Bin Wu, Chief Financial Officer, Summit Power International ▪️ Francis Ho, Advisor to Group CFO, Clp Holdings LLC ▪️ Sameer Godbole, CFO, Larsen & Toubro Moderated by: ▪️ Jeanne Soh, Managing Director, Head of Structured Finance Asia, Sumitomo Mitsui Banking Corporation – SMBC Group Don’t miss the chance to hear from these industry leaders! 📄 View the full agenda here: https://lnkd.in/dMY8WWx4 #FINASIA24 #ProjectFinance #ExportFinance #EnergyTransition #AsiaFinance #FinanceLeaders #SustainableFinance #EventNetworking