News
International meeting for Export Credit Agencies in Oslo
From 22-25 April, Eksfin, together with the Berne Union, will host a members' meeting in Oslo. Read More
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Eksfin provides EUR 525 mn in loan financing to Ørsted
Eksfin provides EUR 525 mn in loan financing to Ørsted based on the purchase of two transformer platforms from Norway's Aibel for the Hornsea 3 offshore wind farm project in the UK. Read More
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Historically high level of Norway’s goods and services exports. The export’s share of GDP still lower than in the EU.
Export of goods and services excluding oil and gas ended in 2023 at 1,225 billion Norwegian kroner - the highest level ever. Both goods and services exports increased during the year. Although it is a good year in the Norwegian context, export as a share of GDP is still lower than the EU average. Export supports 640,000 jobs - one-fifth of all jobs. Read More
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Tailwind for Norway’s shipyards: NOK 2.6 billion in applications for Eksfin’s construction financing
In 2023, Norway’s shipyards experienced a strong uptick in demand for new ships. Every vessel built with construction financing guarantees from Eksfin were green – a fantastic development according to Eksfin’s CEO Tone Lunde Bakker. Read More
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Eksfin finances milestone contract for Norwegian defense system from Kongsberg Group to Poland
Export Finance Norway (Eksfin) and the Polish government signed on Nov 30th an export financing agreement for the purchase of the coastal defence system NASAM from Kongsberg Defence and Aerospace. Read More
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Eksfin provides EUR 180min loan guarantees backing Seaway 7 cable installation at huge offshore wind park in Taiwan
State-backed export credit agency Export Finance Norway (Eksfin) provides NOK 2bn (EUR 180m) in loan financing to the Hai Long wind park in the Taiwan Strait on the back of services rendered by Seaway 7. The transaction increases Eksfin’s total financing commitment to the global offshore wind market towards EUR 2,6 billion. Joint-venture Hai Long development partners Northland Power Inc. of Canada and Japan’s Mitsui & Co.,Ltd. won construction approval for the project in March this year. Situated between 45 and 70 kilometres off Taiwan’s Changhua coast, on completion the 1 gigawatt (GW) offshore wind park will be the largest in Taiwan with capacity to supply clean energy to more than one million households. Full commercial operation is expected in 2026/2027, with energy supplied according to power purchase agreements already in place. Read More
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Eksfin provides EUR 450 million in guarantee financing to Iberdrola
Export Finance Norway (Eksfin) deepens its commitment to the international offshore wind market by providing loan guarantee financing to Spanish energy company Iberdrola. The transaction supports Norwegian exporters’ participation in the East Anglia Three wind park project in the UK. WIth htis transaction Eksfin reaches a new milestone of NOK 20 billion (EUR 1.8 billion) in loans and guarantees to offshore wind projects worldwide. Read More
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New OECD rules as of 15 July
On 15 July 2023 the new changes to the OECD Arrangement on export financing come into force. The changes will provide greater flexibility in Eksfin’s offer of buyer financing. Below is an overview of what the changes mean for our customers. Eksfin’s offer of export credits is regulated through… Read More
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Export Finance Norway to provide guarantees for EUR 200m Aker Carbon Capture export contract
Export Finance Norway will provide guarantees for EUR 200m Aker Carbon Capture export contract Read More
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Laerdal Medical vant Eksportprisen 2023 – Econnect Energy ble årets nykommer
Laerdal Medical vant Eksportprisen 2023 Read More
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Eksfin finances Nexans Norway’s new UK export cable contract with NOK 2bn (£155m) in loan guarantees
Cable layer vessel Nexans Aurora. Photo: Per Eide studio Read More
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Eksfin participates in the financing of three offshore wind vessels for Edda Wind
Together with Sparebanken Vest and Crédit Agricole Corporate and Investment Bank, Eksfin has signed a loan agreement with Edda Wind which concerns a loan of 120 million Euros for the construction of three service ships for the offshore wind industry. Read More