To ask the Minister of State, Department for Business, Innovation and Skills what projects the Export Credits Guarantee Department has supported through its Fixed Rate Export Finance scheme since 1 January 2009; 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. (283271)

The Export Credits Guarantee Department (ECGD) has provided support for one project through its Fixed Rate Export Finance (FREF) scheme since 1 January 2009. The following details are provided as requested:

(a) 21 January 2009

(b) ECGD provided FREF support for $20 million out of a total loan of $42 million guaranteed by the Department. (ECGD obtained reinsurance for the remaining $22 million from COFACE—the French Export Credit Agency)

(c) Balfour Beatty Rail Projects Ltd

(d) Chile

(e) Extension of the Santiago Metro (supply of track, switches and crossings).