GrCF W2 E2 - DP World - CSCT Electrification

approved

Senior loan of up to EUR 25 million in favour of CSCT for the electrification of the South Constanta Port operations (the "Project"). The total Project cost is estimated at EUR 100 million, to be co-financed alongside the EU under its Alternative Fuels Infrastructure Facility ("AFIF") Programme, whereby EBRD is an Implementing Partner, and partly covered by the Company's own resources, as outlined below. The electrification of Constanta port, operated by CSCT, envisages investments in the electrical restoration of the entire terminal infrastructure, such as new electrical networks and transformer points, electric vehicles and charging stations, which will significantly contribute to climate change mitigation.