The KfW Bankengruppe, is a German government-owned development bank, based in Frankfurt. Its name originally comes from Kreditanstalt für Wiederaufbau, meaning Reconstruction Credit Institute.
KfW banking group covers over 90% of its borrowing needs in the capital markets, mainly through bonds that are guaranteed by the federal government. This allows KfW to raise funds at advantageous conditions. Together with its exemption from corporate taxes due to its legal status as a public agency and unremunerated equity provided by its public shareholders, this allows KfW to provide loans for purposes prescribed by the KfW law at lower rates than commercial banks.
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The company has not participated in any projects.
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ACWA Power has reached a financial close for the US$533 million 200 MW solar plant and a 500 MWh Battery Energy Storage System (BESS) project in Tashkent, Uzbekistan.
Read moreEgypt’s New and Renewable Energy Authority (NREA) is set to begin the trial operations for the 250 MW Gulf of Suez wind power project located in the Gulf of Suez, approximately 30 km n...
Read moreThe European Commission (EC) has given its approval for a EUR40 million (US$43.8 million) support measure from Germany for the development of a LNG terminal in Brunsbüttel. This terminal will rep...
Read moreEnergie Baden-Württemberg AG (EnBW) has secured EUR500 million (US$546.36 million) in loan financing for the development and construction of the 900 MW He Dreiht offshore wind farm in the North S...
Read morePotentia Renewables Inc. and Greengate Power Corp. have secured a US$250 million financial close through a loan for the development of its Alberta wind farm joint venture. Potentia and Gre...
Read moreTagEnergy has secured financial close for the 1,300 MW Golden Plains Wind Farm and will begin construction of the first 756 MW stage of the mega-project in Rokewood, Victoria, Australia. With all agr...
Read moreAlcazar Energy Partners II (AEP II), a sustainable infrastructure fund focused on utility-scale renewable energy projects in emerging markets, has reached the first closure of US$336.6 million. T...
Read moreKfW has struck an agreement to provide the State Bank of India (SBI) with a EUR150 million (US$154 million) loan to boost solar energy growth in India. Through this partnership, SBI will use the capi...
Read moreInvenergy has begun commercial operations at the 380 MW Energa del Pacfico (EDP) LNG-to-power project at the Port of Acajutla in El Salvador.
Read moreAquila Clean Energy has concluded a EUR1 billion (US$995.6 million) financing for the development of 2.5 GW of renewable energy projects in Spain and Portugal over the next three years. The projects w...
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