RISK MITIGATION: What are Updates & Proposals on Risk Mitigation Products?

Product Name Project Finance
Link to Product Website
Provider Name EDC (Export Development Canada) - Canada
Product Definition As a leading provider of project finance in Canada, EDC offers the advice, financing and technical know-how to help with large-scale projects, particularly in three key sectors: energy, telecom and infrastructure, and mining, metals and resources.

We can work with you to provide the structuring advice you need from beginning to end, and even beyond to future expansions and acquisitions. You’ll also have access to direct financing, regardless of the scale of your project or the industry in which you play.

We have built extensive international financing contacts in a wide range of markets and can assist in mobilizing the capital your project needs. As a partner in international financing syndicates, we have experience in being advisor, arranger and underwriter. You can also count on us when it comes to your project's technical, environmental or documentation needs.

Qualification: Any project sponsor with a project that demonstrates economic benefits to Canada can inquire about our project financing solutions.

The following documentation is required:

1. a financial model clearly detailing the sources of revenue;
2. market and feasibility studies;
3. an insurance review;
4. an independent engineer's report;
5. an environmental assessment; and
6. details of Canadian content and/or ownership (as applicable).

International Agreements and Principles: Companies operating abroad should be aware that we are subject to the following provisions and guidelines governing international trade:

1. Guidelines for Multinational Enterprises
2. Extractive Industries Transparency Initiative
3. World Trade Organization's Countervail Measures Agreement
4. Anti-Corruption Program

Product Type Co-financing
Defined Risks Covered n.a.
Eligible Form of Investments n.a.
Eligible Currency of Underlying Investment Covered by this Product Both local and foreign currency
Eligible Countries & Regions All
More on Eligible Countries
Eligible Applicants All
Eligible Sector No Specific Sector
Maximum Tenor 0 to 5 years
Max. Absolute Amount (USD) 0 to 50 MM
Max. % of Project Costs Covered Max./under 25%
Max. % of Export Content Covered Max./under 50%
Fees Market-based

Other Conditions Sovereign Counterguarantee: No
Anti-Corruption and Governance Standards: Yes link
Environmental standards: Yes link
Social standards (incl. Human Rights Standards; Labor Rights Standards): Yes link
Others: Other International Agreements and Principles
More on Other Standards
Source(s) n.a.
For more information, contact
Email: structuredfinance@edc.ca.
Attachments n.a.
Additional Links n.a.
Deals Dhuruma Electricity Company (PP11) - Saudi Arabia
El Boleo - Mexico
High Speed 1 (HS1) - United Kingdom
Ma'aden Aluminium Smelter - Saudi Arabia
Newcastle Coal Infrastructure Group (NCIG) - Australia
Nuevo Pemex ACT - Mexico
Pueblo Viejo - Dominican Republic
SATORP (Jubail) - Saudi Arabia

Provider Name EDC (Export Development Canada) - Canada
Institution Type PUBLIC: ECA
Ownership Government of Canada (a Crown Corporation)
Head Office Export Development Canada, 151 O’Connor, Ottawa, Canada, K1A 1K3
Provider Home Country Canada
Rating n.a.
Main Risk Mitigation Products Export Guarantee Program
Foreign Buyer Financing
Foreign Investment Financing
Supplier Financing
Account Performance Security Guarantee
Foreign Exchange Facility Guarantee
Surety Bond Insurance
Domestic Surety Bonding and Bank Guarantees
Attachments n.a.
Additional Links www.edc.ca/EN/Knowledge-Centre/Pages/default.aspx
Entered On: 11/06/2007 at 09:49 AM
Updated On: 05/08/2013 at 02:27 PM