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