FINANCE

By 2019 Newsletter week 4

EUR 155 Million EIB Support For Investment In Two New Cruise Ferries By Irish Continental Group

The European Investment Bank is providing EUR 155 million to finance two new ro-pax vessels for the ICG subsidiary Irish Ferries.

The loan to Irish Continental Group represents the first support approved by the EIB under a new Green Shipping financing initiative that supports investment in new and existing ships to reduce emissions and improve fuel efficiency.