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KfW IPEX-Bank finances environmental transformation of inland ports
FRANKFURT A.M., GERMANY, February 26, 2024 /EINPresswire.com/ -- KfW IPEX-Bank is providing financing for the new “Duisburg Gateway Terminal” (DGT) trimodal inland terminal in the inland port of Duisburg. The borrower is the operating company of the same name. DGT is an international joint venture of logistics companies and port operators and will become an integral part of the Port of Duisburg, the world’s largest inland port.
The funded project comprises the construction and operation of phase 1 of the DGT, which will be the largest container terminal in a European inland port with an area of 235,000m² and where goods can be handled trimodally between ship, rail and truck. In addition, the DGT will also be the first container terminal to have completely climate-neutral operation using hydrogen. This is being done with the help of the “enerport II” project, in which hydrogen-based energy conversion is to be implemented in the Port of Duisburg, and as many processes as possible are to be electrified. The DGT is regarded both as a model for the environmental transformation of inland ports (in this case from coal to hydrogen) and as a pilot project for the future of logistics.
In addition, a warehouse for hazardous goods tank containers is to be created on the DGT premises. This can be used by the chemical industry along the Rhine River when water levels are low and navigation is poor as an alternative to storage on inland waterway vessels. At the same time, the warehouse will become a transshipment site for tank containers filled with hydrogen or the precursor ammonia. From here, hydrogen is supplied to smaller industrial companies, which, unlike large customers, cannot be connected to a pipeline for the time being.
About KfW IPEX-Bank
Within KfW Group, KfW IPEX-Bank is responsible for project and export finance. It supports German and European companies operating in key industrial sectors in global markets by structuring medium and long-term financing for their exports, funding infrastructure investments, securing supply of raw materials and by financing environmental and climate change mitigation projects worldwide.
As a bank that stands for transformation, it finances technologies of the future to support the transition towards sustainable society in all three dimensions of the economy, environment and social.
As specialist bank, KfW IPEX-Bank has extensive industry, structuring and country expertise, it takes on leading roles in financing consortia and actively involves other banks, institutional investors and insurance firms. KfW IPEX-Bank operates as a legally independent group subsidiary and is represented in the most important economic and financial centres across the globe.
Antje Schlagenhaufer
KfW IPEX-Bank
[email protected]
