Copenhagen Airport secures EIB loan to fund expansion plans

The European Investment Bank (EIB) has signed an €81m (US$93m) loan agreement with Copenhagen Airport, Denmark, to help finance a state-of-the-art passenger and hand baggage security screening concept.

In addition, the airport’s capacity will be increased by the addition of wide-body aircraft stands and a range of other associated airside infrastructure.

Alexander Stubb, vice-president, EIB, said, “The EIB is pleased to continue its relationship with one of the core network airports of the European Union’s TEN-T framework. As a frequent user myself, I’m happy that the bank is supporting Copenhagen Airport with its expansion plan to accommodate up to 40 million passengers – a real milestone.”

Thomas Woldbye, CEO of Copenhagen Airports, the airport operator, said, “The expansion of Copenhagen Airport will provide more capacity, better connectivity for business and pleasure travel and, not least, many new jobs. We are happy that the European Union and the EIB are investing in airport capacity, supporting our major expansion projects that will enable Copenhagen Airport to serve 40 million passengers annually.”