Port of Rotterdam Secures €440 Million to Drive the Energy Transition

The Van Doorne banking and finance team congratulates Havenbedrijf Rotterdam N.V. (Port of Rotterdam) on the successful closing of three separate financing transactions in the last month.

A private placement of EUR 50,000,000 fixed rate notes. The net proceeds will be used exclusively for the financing or refinancing of eligible green projects in accordance with Port of Rotterdam’s carbon capture and storage framework.

Revolving Credit Facility

The refinancing of Port of Rotterdam’s EUR 300,000,000 standby unsecured single currency revolving credit facility. The facility was arranged by ABN AMRO Bank N.V., Coöperatieve Rabobank U.A., ING Bank N.V. and Société Générale, Amsterdam branch.

Shore Power EIB Facility

A EUR 90,000,000 loan facility agreement with the European Investment Bank, supporting a major investment in onshore electric power supply infrastructure at Port of Rotterdam’s Maasvlakte. The Van Doorne banking and finance team in all three transactions consisted of partner Jelmer Baukema, senior associate Henry Palmen, and associate Lisanne Poyé.

The three transactions reflect our commitment to supporting Port of Rotterdam as it continues to invest in its infrastructure and drive the energy transition. We are proud to have played a role in each of these transactions and congratulate Port of Rotterdam on achieving these milestones. This reflects our efforts in contributing to sustainability and the energy transition in our transaction work.