Schnellfähre Tallink auf See

    Financing case: IPEX finances a new LNG-powered fast ferry for Tallink

    Project profile – financing:

    • Total cost of EUR 247 million for new LNG-powered fast ferry for AS Tallink Group, Estonia
    • 95% Finnvera cover
    • Tenor of 12 years from delivery
    • Fixed interest rate

    Contribution of KfW IPEX-Bank:

    • Loan of EUR 197.6 million
    • Support for the development of alternative, climate-friendly energy sources for ship propulsion: “For us, this project is another step in our aim to support the energy change at sea," says Andreas Ufer, member of the Management Board

    Project profile – vessels:

    • One dual-fuel LNG 2,800 pax RoPax Fast Ferry
    • Equipped with all the latest technology incl. shore power connection
    • Built at the Finnish yard Rauma Marine
    • Delivery January 2022
    • Route Tallinn-Helsinki