EIB Finances Ecoslops Upto EUR 18 Million For Marseille & Antwerp Projects

Ecoslops is delighted to announce the agreement of the EIB for the financing of a maximum of 18 million euros. Such financing will be used for both Marseille and Antwerp projects as well as for corporate R&D needs, up to 50% of the investment amount, in addition to traditional bank financing.

MSC-Home-Terminal-DSC_8974-radar — Representation Image – Credits: portofantwerp.com

Such financing will allow the company to dedicate its current corporate resources (more than 7 million euros at the end of 2018) to the projects that will follow Marseilles and Antwerp’s (Mini P2R, new P2R…).

Vincent Favier, CEO of Ecoslops declared:

Ecoslops is proud to be able to count on the EIB and its teams to support it in its European development. We welcome the recognition by a major European Union institution of the environmental excellence of the Ecoslops solution which sets up a virtuous circular economy model in the context of energy transition. Ecoslops promotes a lower consumption of primary fossil energy and reduces CO2 emissions through the reuse of available hydrocarbon waste. Ecoslops’ financial situation is, therefore, stronger – this will enable us to pursue our plans of growth in order to remain world leaders in our markets. Concomitantly, Ecoslops is also honoured to be selected in the ranking of Les Échos “Champions of Growth 2019“.

Reference: ecoslops.com

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Do you have info to share with us ? Suggest a correction

About Author

Marine Insight News Network is a premier source for up-to-date, comprehensive, and insightful coverage of the maritime industry. Dedicated to offering the latest news, trends, and analyses in shipping, marine technology, regulations, and global maritime affairs, Marine Insight News Network prides itself on delivering accurate, engaging, and relevant information.