en.Wedoany.com Reported - The Port Authority of A Coruña (Autoridad Portuaria de A Coruña) has announced an investment of €275 million in the "Green Port" project and the development of "Coruña Marítima." The implementation period for this investment will extend until 2030.

The funding composition includes allocations from various European funds, resources generated from the port's own operations, and €56 million released by reducing the originally planned amortization. In terms of financing arrangements, the Port Authority has approved the refinancing of loans from the European Investment Bank (EIB). Following a competitive bidding process, it was ultimately decided to sign loan agreements with ABANCA and BBVA for €53.15 million and €30 million, respectively, to repay the existing debt to the EIB.

Meanwhile, the Port Authority is finalizing an agreement with the State Port Authority (Puertos del Estado) to reschedule the repayment plan for related loans. Under the current terms, the Port Authority was originally required to repay a total of €36.5 million between 2027 and 2030; through debt restructuring, the repayment amount during this period will be reduced to €16.5 million, thereby releasing €20 million that can be redirected to subsequent investments. The Port Authority stated that this amount will be recovered in later years through higher amortization, by which time the projects already launched will generate additional revenue sufficient to support all financial commitments.

In terms of operating performance, the Port Authority's accounts for 2025 closed with the highest turnover in history and a positive operating profit. However, due to interest expenses on loans formally signed to finance the construction of the outer port, the final overall result showed a loss.