Project financing guarantee is typically called for when a Danish supplier participates in a major, long-term venture abroad such as a cement factory, windmill farm or large port terminal.
Projects of this type often entail extraordinary risks due to the uncertainties inherent in an extended time frame, the scale of the project or its technologies, together with the prospects for selling the project's goods or production.
In most cases, the risk is so high that ordinary banks are unwilling to lend money to the project without some degree of security pledge from EKF.
Based on its long-standing experience of risk assessment and arranging financing, EKF offers advice on a guarantee for the project.