The European Investment Bank (EIB) has approved a €288 million long-term loan to daa, the operator of Dublin and Cork airports, to support a €627 million sustainability programme at Dublin Airport.
This initiative aims to decarbonise Irish transport infrastructure, improve air quality, and enhance resource efficiency.
These combined investments will cut carbon emissions, improve water efficiency, and make Dublin Airport one of Europe’s most sustainable transport gateways.
Individual schemes include large scale electric vehicle (EV) charging infrastructure across the campus and water and wastewater treatment upgrades.
Additionally, daa has received a €2.335 million grant from the EU’s Connecting Europe Facility (CEF), reinforcing the EU’s commitment to sustainable transport.
The combined support from the EIB and CEF reflects a coordinated European effort to modernise Ireland’s key transport hubs and reduce emissions, building on a longstanding partnership between EIB and daa.
Kenny Jacobs, daa’s CEO commented: “Today marks a real step forward for Dublin Airport. With the EIB’s backing, we’re able to push ahead with major upgrades that will make a genuine difference in rolling out EV charging at scale, modernising how we manage water, and switching our terminals to renewable energy sources.
“These projects aren’t just about cutting emissions; they’re about making the airport work better for everyone including our passengers, customers and staff as well as the wider community.
“It’s a long-term investment in the future of Dublin Airport and a clear signal of our commitment to sustainability.
“Dublin Airport is critical national infrastructure, and this new loan from the EIB is a strong vote of confidence in our vision. It shows the EIB’s commitment to mobilising capital for ambitious sustainability upgrades that align with European climate goals, while also supporting Ireland’s economic competitiveness.
“By electrifying ground operations, improving water management and converting our terminal energy use to cleaner sources, we’ll deliver real, measurable environmental benefits for years to come.”
Ioannis Tsakiris, European Investment Bank Vice President said: “Dublin Airport plays a vital role as Ireland’s international gateway and a hub connecting communities and businesses across Europe and the world.
“The EIB is proud to support this ambitious investment that will make the airport greener, more efficient, and more resilient.
“Our €288 million financing reflects the EIB’s commitment to help Ireland decarbonise transport infrastructure and lead by example.
“Over the past decade, the Bank has provided more than €7.6 billion for airport investment across Europe and globally, increasingly focused on environmental and safety improvements and this project demonstrates how sustainable infrastructure can drive both climate action and competitiveness.”
