Summary of the Meeting of the Board of Directors
Completed
I. OPEN: NONE
II. CLOSED:
1. Minutes of June 18, 2015 Board Meeting minutes to be approved
STRUCTURED FINANCE DIVISION
2. COUNTRY: SPAIN - AP088924XX
FOREIGN BUYER: Abener Energia S.A.
FOREIGN BUYER: Teyma, Gestion de Contratos de Construccion S.A.
END USER: Xina Solar One
PRODUCTS: Heat Transfer Fluid
TOTAL FINANCED AMOUNT: $17,424,207
3. COUNTRY: SPAIN - AP088991XX
FOREIGN BUYER: Instalciones Inabensa, S.A
FOREIGN BUYER: Abener Energia S.A.
PRODUCTS: Gas Turbines
TOTAL FINANCED AMOUNT: $95,494,390
ASSET MANAGEMENT DIVISION
4. COUNTRY: AUSTRALIA - AP086539XX
FOREIGN BUYER: Jabiru Satellite Ltd
I, Andrea Q. Bernardo, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code. This meeting will be held at 9:30 AM on Monday, June 29, 2015, at The Export-Import Bank of the United States, 811 Vermont Avenue, NW, Washington, DC.
Accordingly, such meeting may be closed to the public.
Andrea Q. Bernardo
Assistant General Counsel
ITEM NO 1 Minutes of June 18, 2015 Board Meeting to be approved
Board Decision: MINUTES APPROVED. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the minutes. Vice Chair Felton was not present for this item.
ITEM NO 2
Country SPAIN AP088924XX
Request for FINAL COMMITMENT
Applicant ABENER ENERGIA, S.A., SPAIN
Borrower ABENER ENERGIA, S.A., SPAIN
Borrower TEYMA, GESTION DE CONTRATOS DE CONSTRUCC, SPAIN
Buyer ABENER ENERGIA, S.A., SPAIN
Buyer TEYMA, GESTION DE CONTRATOS DE CONSTRUCC, SPAIN
End-user XINA SOLAR ONE, PRETORIA, SOUTH AFRICA
Exporter DOW CHEMICAL COMPANY, THE MIDLAND MI
Supplier DOW CHEMICAL COMPANY, THE MIDLAND MI
Gtd Lndr SANTANDER BANK, N.A., NEW YORK, NY
Project Name XINA SOLAR ONE
Project Description CONCENTRATED SOLAR POWER
Product Description HEAT TRANSFER FLUID
Total Financed Amount $17,357,726
Repayment Term TBD
Board Decision: TRANSACTION APPROVED. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the transaction. Vice Chair Felton voted against.
ITEM NO 3
Country SPAIN AP088991X
Request for FINAL COMMITMENT
Applicant ABENER ENERGIA, S.A., SPAIN
Applicant ABENGOA S.A., SPAIN
Borrower INSTALCIONES INABENSA S.A. SPAIN
Borrower ABENER ENERGIA, S.A., SPAIN
Buyer INSTALCIONES INABENSA S.A. SPAIN
Buyer ABENER ENERGIA, S.A., SPAIN
End-user NONE
Exporter GENERAL ELECTRIC POWER & WATER, SCHENECTADY NY
Supplier GENERAL ELECTRIC POWER & WATER, SCHENECTADY NY
Supplier GENERAL ELECTRIC POWER & WATER, GREENVILLE, SC
Supplier VARIOUS US SMALL BUSINESSES, WASHINGTON, DC
Gtd Lndr SANTANDER BANK, N.A., NEW YORK, NY
Project Name ACC 4T (TABASCO)
Project Description COMBINED CYCLE POWER PLANT
Product Description GAS TURBINES
Total Financed Amount $95,502,925
Repayment Term TBD
Board Decision: TRANSACTION APPROVED. Chairman Hochberg, Director Mulvaney and Director Loui all voted in favor of the transaction. Vice Chair Felton voted against.
ITEM NO 4
Country AUSTRALIA AP086539XX
FOREIGN BUYER: Jabiru Satellite Ltd
Request to approve release of collateral for the purpose of sale of assets by the sponsor NewSat's insolvency receivers.
Board Decision: REQUEST APPROVED. Chairman Hochberg, Vice Chair Felton, Director Mulvaney and Director Loui all voted in favor of the request.