EQS-News: EcoGraf Limited: KfW IPEX-Bank Mandated for UFK Loan of up to US$105m (A$160m)1 for Development of Epanko
German Government confirms Epanko eligibility for cover in principle for the Untied Loan Guarantee (“UFK”) scheme based on the support of German offtakers for the Company’s initial 73,000tpa Epanko development.
- German Government confirms Epanko eligibility for cover in principle for the Untied Loan Guarantee (“UFK”) scheme based on the support of German offtakers for the Company’s initial 73,000tpa Epanko development.
- KfW IPEX-Bank may act as sole funder for the UFK Tranche for an amount of up to US$105 million, subject to satisfactory due diligence and credit approvals.
- A key aspect of the UFK program is the promotion of the highest environmental and social operating standards.
- KfW IPEX-Bank has provided valuable support to the development of Epanko since 2017 and is an experienced and highly capable potential debt funding partner for the Project.