LJUBLJANA (Slovenia), May 11 (SeeNews) – Slovenian state-run company 2TDK said it signed on Friday a 112.5 million euro ($125 million) loan agreement with local lender Nova Ljubljanska Banka (NLB) to co-finance the construction of a second track of the Divaca-Koper railway line.
The 20-year loan agreement was signed after NLB's offer was chosen as the best one among six received in a credit procurement procedure launched in April 2019, 2TDK said in a statement.
It did not provide details on the financial terms of the agreement.
2TDK also said that the Divaca-Koper project will be financed by a combination of own funds, commercial bank loans, EU grants and EIB lending.
In May 2019, the EIB approved a loan of up to 250 million euro for the construction of Divaca-Koper's second track.
Earlier this month, 2TDK shortlisted ten bidders in a tender for the construction of the second track, and will soon ask them to submit their financial offers.
Luka Koper, the company operating Slovenia's Adriatic port of Koper, said in April it expects that the second railway track to Divaca will begin operations in 2026.
According to information published by 2TDK, the investment in the project will total some 1.2 billion euro. The new 27-kilometre long track along with the existing one will offer a combined capacity of 231 trains per day, or 43.4 million net tonnes of cargo per year, the company has said.
($=0.8997 euro)
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