EBRD, EU support green transformation of Romania's Port of Constan?a
Romania, July 21 -- The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €25 million to Constan?a South Container Terminal (CSCT), a wholly owned subsidiary of DP World, to support the electrification of operations at Romania's Port of Constan?a, to support its green transformation.The EBRD financing will be complemented by a €19.8 million grant from the European Union under the Alternative Fuels Infrastructure Facility (AFIF), with the remaining €55.2 million funded from the company's own resources.The €100 million investment programme will finance new electrical infrastructure, including power networks, cold ironing (onshore power supply), transformer stations, grid connec...
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