Notice2024-17747

Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 Million: AP089523XX

Primary source

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Published
August 9, 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

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<title>Federal Register, Volume 89 Issue 154 (Friday, August 9, 2024)</title>
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[Federal Register Volume 89, Number 154 (Friday, August 9, 2024)]
[Notices]
[Page 65349]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-17747]


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EXPORT-IMPORT BANK


Application for Final Commitment for a Long-Term Loan or 
Financial Guarantee in Excess of $100 Million: AP089523XX

AGENCY: Export-Import Bank of the United States.

ACTION: Notice.

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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 September 3, 2024 to be 
assured of consideration before final consideration of the transaction 
by the Board of Directors of EXIM.

ADDRESSES: Comments may be submitted through <a href="http://Regulations.gov">Regulations.gov</a> at 
WWW.REGULATIONS.GOV. To submit a comment, enter AP089523XX under the 
heading ``Enter Keyword or ID'' and select Search. Follow the 
instructions provided at the Submit a Comment screen. Please include 
your name, company name (if any) and AP089523XX on any attached 
document.

SUPPLEMENTARY INFORMATION: 
    Reference: AP089523XX
    Purpose and Use:
    Brief description of the purpose of the transaction: The generation 
of power through the recovery of waste heat via the conversion of the 
existing Kirkuk simple cycle power plant to a combined cycle power 
plant.
    Brief non-proprietary description of the anticipated use of the 
items being exported: Provide power via waste heat recovery to increase 
the availability and reliability of power for the Iraqi people. Once 
completed, the combined cycle power plant will increase the production 
of power by 285 MW or 50% and increase plant fuel efficiency by 17%. 
Because of the increased production of electricity, the project will 
result in a 31.2% reduction in greenhouse gas emissions per MWh of 
electricity generated.
    Parties:
    Principal Supplier: Stellar Energy Americas, Inc., of Jacksonville, 
Florida.
    Lender: J.P. Morgan Chase Bank N.A.-London Branch, London, United 
Kingdom.
    Obligor: Ministry of Finance of the Republic of Iraq.
    Guarantor(s): None.
    Description of Items Being Exported: Engineering, procurement, 
construction, design, and training services.
    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. 2024-17747 Filed 8-8-24; 8:45 am]
BILLING CODE 6690-01-P


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Indexed from Federal Register on August 9, 2024.

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