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Category Gunvor Group
Gunvor closes innovative new eur 300 mil. Natural gas facility
Gunvor Group (“Gunvor” or “the Company”) has successfully closed a new EUR 300 million financing (the “Facility”), which consists of a syndicated, pan-European natural gas repo facility to cover multiple jurisdictions in Europe with a shared security package. It will…
Gunvor invests in artemis technologies to revolutionize maritime transport
Gunvor Group, one of the world’s largest physical energy commodities traders, has made an investment in Artemis Technologies as a part of the company’s commitment to developing non-fossil fuel solutions to maritime transportation. The investment by Gunvor follows the recent…
Energy capital vietnam and gunvor form joint venture to trade and ship lng to vietnam
Energy Capital Vietnam (ECV), a U.S.-based project holding and development company established in 2015 to serve as a platform for private investment into Vietnam, has announced the formation of a Joint Venture (JV) with Gunvor International BV (Gunvor), one of the world’s…
Gunvor inaugura una nueva línea de crédito de 540 millones de dólares dedicada al biodiésel
Los bancos muestran un fuerte apoyo a las materias primas que cumplen con el Pacto Verde Europeo El grupo Gunvor (en lo sucesivo, «Gunvor» o «la Compañía») ha cerrado con éxito una nueva línea de crédito disponible de 540 millones…
Gunvor launches new us $540 million biodiesel borrowing base
Banks demonstrate strong support for feedstocks that meet European Green Deal Gunvor Group (“Gunvor”, “the Company”) has successfully closed a new US $540 million borrowing base facility (the “Facility”) to support the Company’s biodiesel trading activity. The Facility drew strong…
Gunvor usa successfully closes usd 1.1 billion borrowing base
Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has successfully closed the syndication of its USD 1.1 billion borrowing base credit facility (“the Facility”). The Facility includes a USD 500…
Gunvor to cease use of “Agents”
As a part of Gunvor’s efforts to continuously improve procedures in order to mitigate risk across the company, specifically in relation to areas of Compliance, the company has taken the decision to cease the use of “agents”, i.e., consultants and…
Gunvor successfully closes usd 1.225 billion revolving credit facility
Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a USD 1.225 billion revolving credit facility (“RCF” or “Facility”) in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong support from…
Energy Intelligence Interview with Torbjörn Törnqvist
Gunvor: Repeat of Q2 Volatility Hard to See Despite having its business model tested during the first half of 2020 commodities trader Gunvor’s robust risk management and strong market analysis helped it produce its best second quarter ever, according to…
Gunvor closes new sustainability-linked borrowing base to support german refinery
Gunvor Group (“Gunvor”), one of the world’s largest physical energy commodities traders, has closed a new sustainability-linked borrowing base facility (“Facility”) to support operations at Gunvor Refinery Ingolstadt. The EUR 450 million Facility complements Gunvor’s other US $725 million sustainability-linked borrowing base for refining activities in the ARA, and similarly has an interest rate dependent on the company’s year-on-year improvements in multiple sustainability criteria in the areas of “environment”, “social impact” and “governance”.