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EX-IM BANK DIRECTOR DAN RENBERG VISITS ATLANTA, GA; ADDRESSES THE ASSOCIATION OF ENERGY ENGINEERS CONFERENCE

Outreach to Georgia Hispanic of Commerce, local financial institutions and exporters highlighted

FOR IMMEDIATE RELEASE October 23, 2001

Media Contact Name/Phone: 

Niki Shepperd (202) 565-3200

Export financing opportunities for power and energy companies was the topic of an address today by Dan Renberg, a board member of the Export-Import Bank of the United States (Ex-Im Bank), at the Association of Energy Engineers Conference in Atlanta, GA. Renberg discussed ways conference participants could use Ex-Im Bank financing to capitalize on the rising international demand for renewable energy in the global marketplace and how companies could access Ex-Im Bank financing.

Today's global economy offers unprecedented opportunities for U.S. exporters, said Renberg. Clearly, for U.S. companies, the future is in international markets and Ex-Im Bank is ready to help exporters gain a competitive advantage over their foreign counterparts.

While in Atlanta, Renberg will meet with representatives of the Georgia Hispanic Chamber of Commerce, exporters and local banks in Atlanta to discuss how Ex-Im Bank's financing programs can help local Georgia businesses large and small and minority companies compete in emerging markets.

In Georgia, Ex-Im Bank has supported 34 communities, 119 companies and financed a total of $642.4 million in exports during the last five years.

Ex-Im Bank is an independent federal agency that assists in financing the export of U.S. goods and services to developing markets around the world, through export credit insurance, loan guarantees, and direct loans. In fiscal year 2001, Ex-Im Bank helped to finance approximately $12.4 billion of U.S. exports worldwide.