No. 19



US Ex-Im Bank Approves $523Mn For Turkish Power Projects

The US Export-Import Bank announced on 1 May that it had approved a total of $523mn in financing to support the export of US equipment and services for two power plants in Turkey the Gebze and Adapazari electricity generation projects. A statement released by the bank said the primary US exporters are Bechtel Power Corp and General Electric Co. The project sponsors are InterGen of Boston, which is owned...