Ports
Gijón Refinances €41.31 Million in Long-Term Port Debt
The Port Authority of Gijón has approved the initiation of a bidding process to secure up to €41.31 million in long-term financing. This measure aims to cancel the most expensive tranches of existing loans from the European Investment Bank, thereby rebalancing debt payments without incurring new debt. Additionally, the Board of Directors approved the construction of a new Border Control Building with an investment of €5.75 million and a 16-month execution period.
