The U.S. Export-Import Bank voted this week to guarantee a $15 million loan extended by Rabobank International of Utrecht, the Netherlands, to Energyst to facilitate the export of Caterpillar power-generation equipment.
“Ex-Im Bank’s financing will support the export of important power-generation equipment made here in America and for potential use in Africa or Latin America,” said Export-Import Bank Chairman and President Fred P. Hochberg in a statement.
Energyst, a Caterpillar-trademarked equipment rental operator based in the Netherlands, plans to expand its power fleet to allow the company to be competitive in the international power projects market in South America and Sub-Saharan Africa, among other regions. The financed equipment is designed for rapid deployment globally and can provide temporary turnkey power, the bank said.
Ex-Im Bank guarantees $15M loan for Cat equipment export
