Torero Bio-Coal Plant

Torero Bio-Coal Plant - EIB Direct Loan

Borrower (s)
Torero Bio-Coal Plant
Industry
Power/Biomass
Area of finance
Project & Infrastructure Finance
Country
Belgium

Deal Overview

The European Investment Bank is financing the construction of a project at ArcelorMittal Ghent, Belgium, to reduce carbon emissions by converting waste and by-products into new products. Torero project is large-scale demonstration plant to convert waste wood into bio-coal, partially replacing the...

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The European Investment Bank is financing the construction of a project at ArcelorMittal Ghent, Belgium, to reduce carbon emissions by converting waste and by-products into new products. Torero project is large-scale demonstration plant to convert waste wood into bio-coal, partially replacing the coal currently injected into the blast furnace.

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Deal Volume
$ 40.56m
Financial Close
18 May 2020

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Tranches


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Projects

Torero Bio-Coal Plant

Greenfield
Biomass
Belgium
$ 54.28m