Notice2024-11328
Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 Million: AP089472XX
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 23, 2024
Issuing agencies
Export-Import Bank
Abstract
This Notice is to inform the public the Export-Import Bank of the United States ("EXIM") has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million. Comments received within the comment period specified below will be presented to the EXIM Board of Directors prior to final action on this Transaction.
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 101 (Thursday, May 23, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 101 (Thursday, May 23, 2024)]
[Notices]
[Page 45660]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-11328]
=======================================================================
-----------------------------------------------------------------------
EXPORT-IMPORT BANK
Application for Final Commitment for a Long-Term Loan or
Financial Guarantee in Excess of $100 Million: AP089472XX
AGENCY: Export-Import Bank of the United States.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: This Notice is to inform the public the Export-Import Bank of
the United States (``EXIM'') has received an application for final
commitment for a long-term loan or financial guarantee in excess of
$100 million. Comments received within the comment period specified
below will be presented to the EXIM Board of Directors prior to final
action on this Transaction.
DATES: Comments must be received on or before June 15, 2024 to be
assured of consideration before final consideration of the transaction
by the Board of Directors of EXIM.
SUPPLEMENTARY INFORMATION:
Reference: AP089472XX.
Purpose and Use:
Brief description of the purpose of the transaction: The project
involves the construction of 65 solar mini grids with energy storage
facilities in the southern provinces of Huila, Namibe, Cunene and
Cuando Cubango, and associated water collection, treatment, and
purification systems. The project also entails the expansion of 5
existing electrical grid distribution networks and deployment of solar
cabin systems (SCS).
Brief non-proprietary description of the anticipated use of the
items being exported: Provide solar-generated electricity and water to
underserved rural areas of Angola.
Once completed, these mini grids, electrical grid expansion, SCS,
and water supply system will provide electricity and water to
approximately 252,000 households that will benefit about 1.5 million
people.
Parties:
Principal Supplier: Omatapalo, Inc.
Lender: Private Export Funding Corporation.
Obligor: Ministry of Finance of the Republic of Angola.
Guarantor(s): None.
Description of Items Being Exported: Solar panels, connectors,
switches, sensors and other equipment and design and engineering
services for the construction of 65 solar mini grids, an associated
water collection, treatment and distribution system, and network
expansion.
Information on Decision: Information on the final decision for this
transaction will be available in the ``Summary Minutes of Meetings of
Board of Directors'' on <a href="http://exim.gov/newsandevents/boardmeetings/board/">http://exim.gov/newsandevents/boardmeetings/board/</a>.
Confidential Information: Please note that this notice does not
include confidential or proprietary business information; information
which, if disclosed, would violate the Trade Secrets Act; or
information which would jeopardize jobs in the United States by
supplying information that competitors could use to compete with
companies in the United States.
Authority: Section 3(c)(10) of the Export-Import Bank Act of 1945,
as amended (12 U.S.C. 635a(c)(10)).
Deidre Hodge,
Assistant Corporate Secretary.
[FR Doc. 2024-11328 Filed 5-22-24; 8:45 am]
BILLING CODE 6690-01-P
</pre></body>
</html>Indexed from Federal Register on May 23, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.