Romanian terminal electrification project

DP World has secured a €50 million loan from the European Bank for Reconstruction and Development (EBRD) to help finance electrification of its Constanta South Container Terminal in Romania.

DP World's Constanta South Container Terminal in Romania

The total project cost is estimated at €200 million, which will be co-financed alongside the EU under its Alternative Fuels Infrastructure Facility Programme. Additional funding may come from other EU sources.

Work to electrify the port – a first for Romania – will include new electrical networks, transformer points and railway lines alongside electrical vehicles and charging stations.

The project has been given an ETI score of 63 and is expected to result in a ‘significant reduction of greenhouse gas emissions’. More than 60% of the EBRD’s proceeds will support the green economy transition, qualifying the project as a significant contributor to green finance.

The project also supports the investment commitments of DP World as well as reducing operating costs.

Established in 2003, CSCT is a fully owned subsidiary of DP World, and is the largest container terminal on the Black Sea with an annual throughput of 1.5 million teu.