Recently, Linxon had a chance to feature in TXF magazine, when our CEO Stefan Reisacher gave an insightful interview about how we position ourselves in the market, how we work with Export Credit Agencies (ECAs), and what this means for our projects and long‑term growth.
Key interview takeaways
- Linxon continues to benefit from strong global demand for grid capacity and resilience as electricity demand grows.
- Our ability to deliver complex, turnkey substation projects — including SF6‑free solutions — is a clear competitive differentiator.
- ECAs remain a critical enabler, particularly for complex or emerging markets.
- Early alignment between customers, ECAs, financiers, and Linxon is essential to avoid delays and ensure successful execution.
Export Credit Agencies are a key enabler of many Linxon projects, particularly in complex or emerging markets. Since 2018, Linxon has delivered and rehabilitated grid infrastructure in Iraq, supporting efforts to restore reliability and expand capacity. ECA‑backed financing has been critical in enabling long‑term investment while mitigating risk for all parties.
Linxon works closely with customers, ECAs, and financiers to align technical scope, export content, procurement strategies, and financing structures. This integrated approach ensures bankability, competitive funding terms, and robust governance while allowing projects to move forward even in challenging operating environments.
Our established ECA relationships include EKN and SEK through Team Sweden, SERV in Switzerland, and JICA for projects with significant Japanese content. A recent example is the rehabilitation of three substations in Iraq originally built in the 1990s using Swedish technology. These projects retain existing civil structures while upgrading core technology supplied from Sweden, extending asset life in a cost‑effective and sustainable way and making them well suited for ECA financing.
Linxon also integrates into existing ECA financing frameworks as a partner or sub‑supplier when appropriate. This includes rail electrification for Tanzania’s Standard Gauge Railway, where Linxon provides wayside electrification and traction substation solutions within a pre‑established financing structure. This flexibility enables Linxon to support a broad range of customers, geographies, and project models.
Looking ahead, there are reasons for cautious optimism around ECA financing as more countries move from concessional loans towards ECA‑backed structures. However, earlier alignment and improved information sharing between customers, EPCs, ECAs, and financiers will be key to accelerating delivery and supporting Linxon’s continued growth.
Click here to read the full interview.
