The United Arab Emirates-headquartered port and logistic operator DP World and the European Bank for Reconstruction and Development (EBRD) have signed a loan agreement of up to Euro €25m to support the electrification of operations at DP World’s Constanța South Container Terminal.
The financing is the terminal’s first dedicated green loan and forms part of a €100m investment program that will reduce CO₂ emissions by more than 6,000 tons per year.
The electrification program combines financing from the EBRD with grants from the European Union and the Romanian government. Alongside the EBRD loan, the project is being delivered with a Euro 19.7m grant under the EU’s Alternative Fuels Infrastructure Facility (AFIF), part of the Connecting Europe Facility, with the EBRD acting as the EU’s implementing partner. It has also received Euro 7.5m in funding under Romania’s Transport Program 2021–2027.
The investment comprises two components. The first, representing an investment of €53.8m, will establish the core electrification infrastructure, including new electrical networks, transformer and distribution facilities, as well as shore power systems enabling vessels to connect to the port grid while at berth. It will also include a new connection to the main port power station and grid, the rehabilitation of access roads and the introduction of 10 electric terminal tractors and chargers.
The second component, representing an investment of €46.2m, will cover equipment including electric, remote-operated rubber-tyred gantry cranes, two electric mobile harbour cranes and additional electric terminal tractors.
