News: As per Bloomberg, the US Exim Bank has approved a plan that could yield a flood of financing for US energy ventures, including wind and solar projects, battery manufacturing and terminals to sell LNG overseas (formal policy shift encouraged by the Biden administration). Under the programme, the bank will provide support across the entire lifecycle of a project, from capital investment to financing meant to secure foreign sales
Views: The initiative could bolster a host of LNG export terminals proposed from the US Gulf Coast to Alaska. The financing could also help developers seeking to sell their product to countries with fast-growing energy demand but no bankable credit rating
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