Access International has partnership agreements with Delphos International in the projects developed by Access International. Our project development strategy is a tandem effort between Access International that secures and structures the deal and executes the contracts required under limited recourse financing. In parallel and in full coordination, Delphos International secures the respective agencies participation and the long term debt structure for our projects.

Delphos International has a long-standing history of successful transactions with other government, bilateral, and multilateral financial institutions. Working closely with these agencies, Delphos International jointly with Access International has arranged financing for projects to take advantage of the specific services offered by each agency.

Our latest power project developed in Bulgaria jointly with AES is structuring close to $ 1 Billion with the long term debt as a co-financing package among the German KFW, the U.S. OPIC and the EBRD.

This intimate knowledge and experience allows Access International jointly with Delphos International to successfully secure complex financing solutions for our clients through the maze of policy issues, which are in many cases unique to a specific agency. These include the following:

• The International Bank for Reconstruction and Development—World Bank (IBRD)

• European Bank for Reconstruction and Development (EBRD)

• International Finance Corporation (IFC)

• Inter-American Development Bank (IDB)

• Multilateral Investment Guarantee Agency (MIGA)

• United States Agency for International Development (USAID)

• Commonwealth Development Corporation (CDC)

• Export-Import Insurance Division of the Ministry of International Trade and Industry (EID-MITI)

• Export Development Corporation (EDC)

• Export-Import Bank of Japan (J-EXIM) (now Japanese Bank for International Cooperation--JBIC)

• The Swedish Export Credits Guarantee Board (EKN)

• Hermes Kerditversicherungs-AG (Hermes)

• Compagnie Francaise d’Assurance pour le Commerce Exterieur (COFACE)

• Sezione Speciale per l’Assicurazione del Creditio all’Esportazione (SACE)

• Export Credits Guarantee Department (ECGD)

• Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden NV (FMO)

• (KFW)