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21 July 2009 : Column 1712W—continued

Energy: Expenditure

Charles Hendry: To ask the Minister of State, Department for Business, Innovation and Skills with reference to paragraph 7.28 of Budget 2009, how the £250 million of funding allocated to his Department for low-carbon energy and green manufacturing will be spent. [285033]

Mr. McFadden: The first investments from the £250 million of funding allocated for low carbon economic development will be set out in the Low Carbon Industrial Strategy on Wednesday 15 July. All funding will be allocated, examining the costs and benefits, consistent with Green Book criteria.

Enterprise Finance Guarantee Scheme

Mr. Hoban: To ask the Minister of State, Department for Business, Innovation and Skills if he will place in the Library a copy of the lending terms of the Enterprise Finance Guarantee Scheme. [264448]

Ms Rosie Winterton: The lending terms for the Enterprise Finance Guarantee (EFG) are that the business:

meets an approved EFG lender's commercial lending criteria and determination that use of EFG is appropriate;

has a turnover of up to £25 million; and

is seeking a loan of between £1,000 and £1 million;

The EFG loan (either unsecured or partially secured) may be used as a new term loan, as a new term loan specifically for the purpose of transferring long term debt out of an overdraft in order to release capacity in the overdraft or as refinancing of an existing secured loan which would otherwise be withdrawn due to deterioration in the quality of the security

EFG is available for most business purposes and sectors. However, EFG is subject to certain sector restrictions arising from the EU De Minimis Aid rules, the Industrial Development Act 1982 (which provides the statutory basis for EFG) and also for national policy reasons which are detailed on the BIS website.

Export Credits Guarantee Department

Dr. Cable: To ask the Minister of State, Department for Business, Innovation and Skills pursuant to the Answer of 7 July 2009, Official Report, column 766W, on the Export Credits Guarantee Department, what
21 July 2009 : Column 1713W
projects the Export Credits Guarantee Department supported through its Fixed Rate Export Finance Scheme between 1 January 2002 and 31 December 2008; and what the (a) date of approval, (b) amount of exposure at that date, (c) UK company concerned, (d) destination country for the export and (e) project or product involved was in each case. [286915]

21 July 2009 : Column 1714W

Ian Lucas [holding answer 16 July 2009]: Details of exports supported under ECGD's Fixed Rate Export Finance (FREF) scheme between 1 January 2002 and 31 December 2008 are provided as follows:

21 July 2009 : Column 1715W

21 July 2009 : Column 1716W

Date of approval	Amount of exposure at that date (£)	UK company concerned	Destination country of the export	Project or product involved
25 January 2002	35,700,000	Mabey and Johnson Ltd	Papua New Guinea	Steel bridgework
25 February 2002	600,000	Alstom Power UK	Mexico	Spares for gas turbines
14 March 2002	300,000	Angloco Ltd	St. Lucia	Firefighting vehicles
11 April 2002	33,515,984	Alstom Power Plants Ltd	Turkey	Reinsurance to Coface relating to 2x 160 MLO Power Station at Can
16 June 2002	27,132,515	Airbus SAS	Hong Kong	Airbus aircraft
20 June 2002	362,554	Sedgewall Communication Group Ltd	Tunisia	Railway communications equipment
2 July 2002	2,678,800	NSG Exports Ltd	Barbados	Vehicles and equipment for road network improvement
18 July 2002	19,300,000	Airbus SAS	Qatar	Airbus aircraft
29 July 2002	1,294,148	Dunlop Oil and Marine Ltd	Mexico	Supply of 86 oil transportation hoses
14 August 2002	2,656,421	Findel Education Ltd	Brazil	Laboratory equipment
14 August 2002	214,433	John Gordon Ltd	Costa Rica	Coffee husk burners for coffee dryers
12 September 2002	358,851	Vikoma International Ltd	Mexico	Hi-Sprint oil spill containment boom system
25 September 2002	778,274	Alstom Power UK	Mexico	Overhaul of 2 TA 1750 gas generators
3 October 2002	975	Angloco Ltd	St. Lucia	Firefighting vehicles
21 October 2002	1,674,211	Telspec Europe Ltd	Kazakhstan	Supply of pair gains technology
26 November 2002	7,347,003	Odebrecht Oil and Gas Services Ltd	Mexico	Supply of goods and rendering of services for a living quarters platform
26 November 2002	1,627,704	Mabey and Johnson ltd	Venezuela	8 compact bridges
6 February 2003	117,405	Kier International Ltd	Jamaica	Flyover bridges
7 February 2003	2,931,733	Saywell International Ltd	Brazil	Aircraft generators, avionics and ancillary equipment
10 February 2003	11,237,003	Martin-Baker Aircraft Company Ltd	Brazil	Ejection seat equipment
17 February 2003	11,729,401	Martin-Baker Aircraft Company Ltd	Brazil	Supply of ejection seat and associated equipment for AL-X Super Tucano aircraft
14 March 2003	526,605	Mabey and Johnson Ltd	Dominican Republic	Steel bridgework
11 April 2003	1,833,445	Rolls Wood Group (Repair and Overhaul) Ltd	Mexico	Generator upgrade
13 June 2003	7,279,627	Lagan International ltd	Maldives	Upgrade of Gan International Airport
17 June 2003	19,790,378	Mabey and Johnson Ltd	Jamaica	Steel bridges
15 July 2003	21,766,910	Mabey and Johnson Ltd	Sri Lanka	Bridge refurbishment
29 August 2003	8,994,118	Thales Training and Simulation Ltd	Tunisia	A320 Flight simulator
5 September 2003	2,228,540	MRB Schumag Ltd	Mexico	Tube drawing machinery
23 October 2003	4,121,687	Thales ATM Ltd	Dominican Republic	Radar and Control centre for Punta Cana Airport
19 November 2003	4,019,245	MRB Schumag Ltd	Mexico	Copper tube processing plant
29 April 2004	3,034,619	Sir William Halcrow and Partners Ltd	Venezuela	Phase 4 of Barcelona project
3 November 2004	6,636,455	Kellogg Brown and Root Ltd	Kazakhstan	Engineering services for Alibekmola oil field
22 February 2005	799,093	Guralp Systems Ltd	Turkey	Earthquake and Seismology equipment
30 August 2005	92,827,324	Mabey and Johnson Ltd	Philippines	Highways, bridges and flyovers
12 October 2005	31,964,268	Rolls-Royce Power Engineering plc	Brazil	Power generation modules
12 October 2005	7,768,717	VWS Westgarth Ltd	Brazil	P52 Sulphate reduction
12 October 2005	2,513,830	Koch Chemical Technology Group Ltd	Brazil	Vacuum dearation for P52 project
12 October 2005	1,578,285	Invsat Ltd	Brazil	Telecom package for P52 project
24 November 2006	50,800,373	Mabey and Johnson Ltd	Philippines	Rural bridges programme
31 January 2007	23,955,611	Thales Training and Simulation Limited	Russia	Superjet 100 full flight simulators
20 May 2008	18,720,905	PW Limited	Ghana	Construction of Kotoka Airport
Notes: (i) The amount of exposure shown is the maximum liability under the ECGD guarantee; FREF support may have been provided in whole or in part of that amount; (ii) The domicile of the obligor or, if applicable, the guarantor of the obligor under the ECGD facility has been given as the destination country of the export. Exceptionally, exports are supplied to a different country from that of the obligor and/or the guarantor; and (iii) Information on two FREF cases has not been provided as disclosure would be prejudicial to the commercial interests of the obligors or international relations or both.

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