This Notice is to inform the public, in accordance with Section 3(c)(10) of the Charter of the Export-Import Bank of the United States (“Ex-Im Bank”), that Ex-Im Bank has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million (as calculated in accordance with Section 3(c)(10) of the Charter). Comments received within the comment period specified below will be presented to the Ex-Im Bank Board of Directors prior to final action on this Transaction.
Comments must be received on or before September 4, 2012 to be assured of consideration before final consideration of the transaction by the Board of Directors of Ex-Im Bank.
Comments may be submitted through WWW.REGULATIONS.GOV.
Purpose and Use:
Brief description of the purpose of the transaction:
To support the export of US manufactured nuclear reactor components and US supplied engineering services to the United Arab Emirates.
Brief non-proprietary description of the anticipated use of the items being exported:
To generate electrical power in Abu Dhabi, United Arab Emirates, for the national grid.
To the extent that Ex-Im Bank is reasonably aware, the items being exported are not expected to produce exports or provide services in competition with the exportation of goods or provision of services by a United States industry.
Principal Supplier: Westinghouse Electric Company LLC.
Obligor: Barakah One Project Co.
Guarantors: Emirates Nuclear Energy Corporation (backed by the Government of Abu Dhabi, acting through the Abu Dhabi Department of Finance) and Korea Electric Power Corporation.
Description of Items Being Exported: Component design and equipment supply for the Nuclear Steam Supply System, including reactor coolant pumps, reactor vessel internals, control element drive mechanism and man-machine interface system; licensing support; training; and technical support services.
Information on Decision: Information on the final decision for this transaction will be available in the “Summary Minutes of Meetings of Board of Directors” on http://www.exim.gov/articles.cfm/board%20minute.
Confidential Information: Please note that this notice does not include confidential or proprietary business information; information which, if disclosed, would violate the Trade Secrets Act; or information which would jeopardize jobs in the United States by supplying information that competitors could use to compete with companies in the United States.
Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-19388 Filed 8-7-12; 8:45 am]
BILLING CODE 6690-01-P