EY & AHB received recognition for as many as three projects by the prestigious TXF Perfect 10 Deals of the Year. The annual awards recognize excellence in global export, agency and project finance and took place at a virtual ceremony on 3 June 2020.
Out of the ten transactions recognized, three EY & AHB transactions received an award in most important categories (including the Overall ECA-backed Deal of the Year Award), showcasing our global experience and involvement across key regions and industry sectors:
Overall ECA-backed Deal of the Year Award
"Winning TXF’s Overall ECA-backed Deal of the Year Award, the 640 MW Yunlin offshore wind project financing in 2019 provided a deal template for Taiwanese large-scale onshore wind projects, helping a nascent sector to enter project finance adolescence."
Middle Eastern ECA-backed Finance Deal of the Year Award
"Taking home TXF’s Middle Eastern ECA-backed Finance Deal of the Year Award is Bahrain Petroleum Company (Bapco), after the state-owned sponsor sealed a tightly priced heavily ECA-backed project financing in May last year to back the expansion of its Sitra oil refinery."
Renewables ECA-backed Deal of the Year Award
"Taking home TXF’s Renewables ECA-backed Deal of the Year Award, the heavily ECA-backed 376 MW Formosa 2 project financing in 2019 revealed an increased risk appetite for 100 % cover from some ECA-backed local debt portions in the Taiwanese offshore wind sector."