Export-Import Bank of the U.S. Chair Reta Jo Lewis Highlights EXIM’s Clean Energy Deals and Work with E.U. Companies During the International Economic Forum of the Americas’ Conference of Paris
Paris, France – This week, Export-Import Bank of the United States (EXIM) Chair Reta Jo Lewis delivered remarks during the International Economic Forum of the Americas’ (IEFA) Conference of Paris and met with industry leaders in the pharmaceutical, finance, and renewable energy sectors. Over the course of the week, Chair Lewis highlighted EXIM’s efforts to promote U.S. technologies that can reduce emissions and support U.S. jobs.
In remarks during a panel titled, “Scaling Lower Carbon Economies at Speed,” Chair Lewis said that EXIM more than doubled its investments in clean energy and environmentally beneficial exports, growing from $1.1 billion in FY23 to a record $2.3 billion in FY2024. Additionally, following a discussion on artificial intelligence during the IEFA’s Annual Board of Governors meeting, Chair Lewis shared the importance of partnerships to foster innovation within sectors that are critical to national and global security and trade.
During the Conference of Paris Chair Lewis met with Mairead Lavery, President and CEO of Export Development Canada, and David Schwimmer, CEO of the London Stock Exchange Group. She also met with Cosmin Ghita, CEO of Nuclearelectrica, a partially state-owned Romanian nuclear energy company, where she shared how EXIM has supported nuclear energy projects including a $98 million loan for RoPower Nuclear S.A. in Romania. The financing provided through EXIM’s Engineering Multiplier Program (EMP) is being used to support pre-project services that are needed to develop a small modular reactor (SMR).
Chair Lewis also addressed Jolt Capital’s Annual LPs and CEOs meeting and outlined what EXIM is doing to support transformational export areas. During her remarks, Chair Lewis reaffirmed the United States’ deep ties to France, and reiterated how EXIM is focused on supporting deals with European companies and Jolt partners. Chair Lewis emphasized the critical role of public-private partnerships in financing key export areas.
ABOUT EXIM:
The Export-Import Bank of the United States (EXIM) is the nation’s official export credit agency with the mission of supporting American jobs by facilitating U.S. exports. To advance American competitiveness and assist U.S. businesses as they compete for global sales, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. As an independent federal agency, EXIM contributes to U.S. economic growth by supporting tens of thousands of jobs in exporting businesses and their supply chains across the United States. Learn more at www.exim.gov.