Galp Sines Biofuels

Sines HVO/SAF Biofuel Project - EIB Financing

Borrower(s)
Galp Sines Biofuels
Industry
Renewables/Biomass
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Portugal

Deal Overview

Galp has secured a €250 million EIB loan aimed at transforming the company's Sines Refinery in Portugal as part of the country's decarbonisation of heavy-duty road transport and aviation. Galp is developing the Biofuels unit, already at a construction stage, in partnership with...

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Deal Volume
$260.13m
Financial Close
27/12/2024
Dealmakers

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Tranches

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Project Deals

Sines HVO/SAF Biofuel Project
$471.29m
Greenfield
Biomass
Europe
Europe
Portugal