Notice2025-15208
Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 million: AP300039XX
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
August 11, 2025
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 90 Issue 152 (Monday, August 11, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 152 (Monday, August 11, 2025)]
[Notices]
[Pages 38649-38650]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-15208]
-----------------------------------------------------------------------
EXPORT-IMPORT BANK
[Public Notice: EIB-2025-0013]
Application for Final Commitment for a Long-Term Loan or
Financial Guarantee in Excess of $100 million: AP300039XX
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 September 5, 2025 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 EIB-2025-0013 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 EIB-2025-0013 on any attached
document.
SUPPLEMENTARY INFORMATION:
Reference: AP300039XX.
Purpose and Use:
Brief description of the purpose of the transaction: The purpose of
the transaction is to generate power through the recovery of waste heat
via the conversion of the existing Al-Sadder simple cycle power plant
to a combined cycle power plant.
Brief non-proprietary description of the anticipated use of the
items being exported: The items will be used to 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 329 MW or 51% and increase plant
fuel efficiency by over 50%. Because of the increased production of
electricity, the project will result in a 32% reduction in greenhouse
gas emissions per MWh of electricity generated. In essence, this
project enables the generation of additional electricity without the
need to burn a significant amount of additional natural gas.
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: Equipment, 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
[[Page 38650]]
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. 2025-15208 Filed 8-8-25; 8:45 am]
BILLING CODE 6690-01-P
</pre></body>
</html>Indexed from Federal Register on August 11, 2025.
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.