The European Investment Bank (EIB) is lending €90 million to the Port of Rotterdam Authority for the installation of shore power facilities at three deep-sea container terminals in the port of Rotterdam. The loan will finance Rotterdam Shore Power, a joint venture between the Port of Rotterdam Authority and Eneco. In addition to the onshore power supply installation, Rotterdam Shore Power will deliver the grid connection, cabling and other associated construction and excavation works. In total, eight kilometres of quay will be equipped with shore power, with 35 connection points for seagoing container vessels.