UK Export Finance (2025)
| Signing Date | 31 Mar 2016 |
| Region of Headquarters: | Europe |
| Current EPFI Reporting Year/Period: | 2025 |
| Institutional Reporting: | Link to Report |
Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.
Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.
Project Finance Advisory Services
Total number mandated in the reporting period: 0
Project Finance Transactions
Total number that reached Financial Close in the reporting period: 3
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | |||
| Oil & Gas | |||
| Power | 3 | ||
| Others | |||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 1 | ||
| Asia Pacific | 2 | ||
| Country Designation | |||
| Designated Country 4 | |||
| Non Designated Country | 3 | ||
| Both | |||
| Independent Review | |||
| Yes | 3 | ||
| No | |||
| Totals | 3 | ||
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project Finance
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project Finance (And Project-related Refinance & Project-related Acquisition Finance For Project Finance)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Uige Electrification | Power | Angola | 2025 |
| 2 | Fengmiao Offshore Wind | Power | Taiwan, China | 2025 |
| 3 | Lotus Offshore Wind | Power | Taiwan, China | 2025 |
Project-Related Corporate Loans
Total number that reached Financial Close in the reporting period: 5
| Equator Principles Category | A1 | B2 | C3 |
|---|---|---|---|
| Sector | |||
| Mining | |||
| Infrastructure | 2 | ||
| Oil & Gas | |||
| Power | 1 | ||
| Others | 2 | ||
| Region | |||
| Americas | |||
| Europe, Middle East & Africa | 3 | 1 | |
| Asia Pacific | 1 | ||
| Country Designation | |||
| Designated Country 4 | 1 | ||
| Non Designated Country | 3 | 1 | |
| Both | |||
| Independent Review | |||
| Yes | 3 | 1 | |
| No | 1 | ||
| Totals | 3 | 2 | |
Category A – Projects with potential significant adverse environmental and social risks and/or impacts that are diverse, irreversible or unprecedented.
Category B – Projects with potential limited adverse environmental and social risks and/or impacts that are few in number, generally site-specific, largely reversible and readily addressed through mitigation measures.
Category C – Projects with minimal or no adverse environmental and social risks and/or impacts.
Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment.
Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans
Total number that reached Financial Close in the reporting period: 0
Project Name Reporting For Project-related Corporate Loans (And Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans)
| No. | Project Name | Sector | Project Location(s) | Year of Financial Close |
|---|---|---|---|---|
| 1 | Ciner Glass Bottling Factory | Others | Belgium | 2025 |
| 2 | SRT Marine Systems | Others | Indonesia | 2025 |
| 3 | Smart Solar | Power | Turkiye | 2025 |
| 4 | Koloma Ministerial City | Infrastructure | Guinea | 2025 |
| 5 | Cabinda Airport | Infrastructure | Angola | 2025 |
Implementation of the Equator Principles
UKEF´s implementation reporting is provided at: UKEF’s implementation of the Equator Principles (1 January 2025 to 31 December 2025) – GOV.UK
Independent Review of EP Implementation
In accordance with the requirements of the Signatory Rules, UKEF commissioned an Independent Review of EP implementation. UKEF’s Internal Audit and Assurance Division (IAAD) reviewed the internal procedures to verify compliance with the Equator Principles, and to assess UKEF’s adherence to the environmental and social risk management framework, outlined by the Equator Principles. A representative sample of 10 transactions consisting of seven Category A and three Category B, were reviewed between the period 1st September 2024 and 31st March 2025.The sample of EP projects consisted of transactions which were completed between the period 1st September 2023 and 31st August 2024. The transactions were reviewed against the key criteria set out in the relevant EP guidance on Independent Reviews.
No gaps in the EP implementation process were identified. A further Independent Review of EP Implementation will be due within three years.