This article is based on an interview with CEO Tone Lunde Bakker and Director of SMEs Ivar Rekve, first published in Intrafish on January 26. The article is reproduced in its entirety with permission. Read More
Through a new agreement, DNB increases its credit line limits with Eksfin for working capital guarantees from NOK 1 to 1.5 billion. The cooperation between Eksfin and Norwegian banks provides increased access to financing for SMEs with international ambitions. In total, Norwegian banks can offload risk amounting to NOK 5 billion via Eksfin’s working capital guarantees Read More
The Danish company Ørsted, one of the world’s leading offshore wind developers, has purchased installation and technology services from Norwegian companies Solstad Offshore, Fred. Olsen Windcarrier, Framo, and Glamox for the Greater Changhua Offshore Wind Farms project in Taiwan. The services have already been delivered to the project. Eksfin provides NOK 1 billion in financing for the project based on the Norwegian export deliveries. Read More
Nexans is a global leader in the design and manufacturing of cables systems and services, specializing in the offshore wind market and subsea interconnectors. To secure Nexans’ cable deliveries to transmission system operator TenneT's North Sea projects, Eksfin in collaboration with Societe Generale provides a EUR 290 million performance guarantee*. Read More
The company Windward Offshore, which is based in Germany, has ordered four advanced offshore wind vessels from Vard. Two of the ships are built at Vard Brattvåg in Norway, while two ships will be delivered from Vard Vung Tau in Vietnam. Eksfin is loan financing the four ships in collaboration with the bank Credit Agricole. For the ships that are built in Vietnam, Norwegian maritime equipment deliveries are the basis for Eksfin's participation. Read More
Inrigo, based in Trondheim, is delivering its largest project to date as it undertakes the task of purifying drinking waterfor Douala, Cameroon, a city with 4.2 million inhabitants. The company, with experts from NTNU and Sintef, has secured a contract worth approximately NOK 875 million. The state-owned Eksfin is contributing to the financing. Read More
Eksfin supports the adoption of sustainable technologies. Read More
Shipping is an important source of carbon dioxide (CO2) emissions but is a hard-to-abate sector. Reaching net zero in 2050 will require ECAs to help in the shipping industry’s green transition. Read More
Starting next year, Export Finance Norway (Eksfin) will no longer finance new unabated oil and gas projects. The new restrictions are communicated in new guidelines from the Norwegian government. The changes in Eksfin’s guidelines will take effect on January 1st, 2025. Read More
Export Finance Norway has recovered from the offshore oil and gas sector crisis. Photo: iStock. Read More
The Minerals Security Partnership (MSP) was established in June 2022, initiated by the United States. The goal is to ensure a reliable and sustainable supply of critical minerals, such as those used in renewable energy and electric vehicle production. This collaboration has now been expanded with the creation of MSP Finance, in which Eksfin and Innovation Norway represent Norway. Read More