FOR IMMEDIATE RELEASE September 20, 2007
Linda Formella (202) 565-3200
WASHINGTON, D.C.: U.S. renewable energy companies and other producers of environmentally beneficial goods and services can learn more about export opportunities and financing solutions at an environmental exporters conference being sponsored by the Export-Import Bank of the United States (Ex-Im Bank) in San Pedro, Calif., on Tuesday, October 16, 2007.
The Los Angeles-area event is cosponsored by East West Bank and the Port of Los Angeles. The conference features presentations on Ex-Im Bank financing available for renewable energy and environmentally beneficial exports, a panel discussion on export opportunities in China with the U.S. Commercial Service and market experts, and a presentation on innovations in green technology by the Port of Los Angeles. It concludes with a yacht tour at the Cabrillo Marina, adjacent to the hotel.
EVENT: Starting Local, Going Global: Financial Solutions for Environmental Exporters
WHEN: Tuesday, October 16, 2007; 8:00 a.m. - 3 p.m.
WHERE: Doubletree Hotel San Pedro, 2800 Via Cabrillo Marina, San Pedro, Calif.
This conference will help Ex-Im Bank reach out to U.S. companies in renewable energy and environmental technology industries and offer them the opportunity to learn more about exporting to developing markets and how Ex-Im Bank can provide export-financing solutions, said Ex-Im Bank Vice Chairman and First Vice President Linda Mysliwy Conlin, who heads Ex-Im Bank's Environmental Exports Program.
Craig O'Connor, director of Ex-Im Bank's new Office of Renewable Energy and Environmental Exports, will provide an overview of the Bank's short-term and medium-term financing. Representatives from PowerLight Corporation will deliver a case-study presentation of the company's recent use of Ex-Im Bank's 15-year loan guarantee, which is available to support U.S. exports to renewable energy and water projects.
Vice Chairman Linda Conlin and Craig O'Connor will also participate in a forum on clean technologies being sponsored by Silicon Valley Bank on Thursday, October 18, 2007, in Santa Clara, Calif., that will feature participation by the Department of Energy, the California Transportation Commission and the California Public Utilities Commission.
Ex-Im Bank, an independent U.S. government agency, assists in the financing of U.S. exports, primarily to emerging markets throughout the world, by providing export-credit insurance, loan guarantees and direct loans. In fiscal year 2006, Ex-Im Bank authorized $12.1 billion in financing to support an estimated $16.1 billion of U.S. exports, including an estimated $420 million of U.S. environmentally beneficial goods and services. For more information, visit //www.exim.gov.