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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
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