Of the total funding, ING Bank Romania provides EUR 52.2 million and EBRD - EUR 43.8 million, the loan being intended for the development of operations in a series of resource efficient warehouses occupied by tenants such as Orange, Iron Mountain or XPO Logistics.
"In ING, sustainability is at the heart of our values and group strategy. We are convinced that those companies that today take into account climate change and scarce resources, making the transition to sustainable solutions, are the winners of tomorrow's economy. (..)", says Mihaela Bîtu, Head of Wholesale Banking ING Romania.
Matteo Patrone, EBRD Regional Director in Romania and Bulgaria, considers that resource efficiency remains a priority for Romania.
"Given the sustained growth of the industrial sector, it is crucial to set standards for operators and developers in the logistics area. The first EBRD effort in this direction was made last year, through the financing of CTPark Bucharest West. We are delighted that we can continue to finance our company for such sustainable projects. "
Part of the EBRD loan will go towards building a new warehouse in the same location. (source: zf.ro)
