Puertos del Estado and Port Authority of A Coruña Finalize an Agreement to Restructure the Loan for the Outer Port Works

•    The agreement will provide the Port Authority with the financial capacity to undertake planned investments, which in turn will generate new revenue streams.

25-06-2026 (Puertos del Estado). Puertos del Estado nd the Port Authority of A Coruña are finalizing the details of an agreement to restructure the loan granted by State Ports to finance the construction of the Outer Port.

The agreement was discussed within the framework of the meetings currently being held between State Ports and Spain’s 28 Port Authorities to review the business plans of the Spanish port system, which will subsequently be submitted for approval to the Governing Board of State Ports.

The loan restructuring is particularly significant for the Port Authority, as it will make approximately €20 million available between 2027 and 2030. This will ensure the financial capacity needed to carry out the investments planned for the Outer Port, while also allowing the continuation of essential renewal and maintenance works on the quays and landside areas of the inner harbour.

Under the current loan conditions, the Port Authority would be required to repay a total of €36.5 million between 2027 and 2030. However, under the restructuring currently being developed by both entities, repayments during this period will amount to €16.5 million, thereby freeing up approximately €20 million for investment purposes. This amount will be recovered through higher repayments in subsequent years, when the development of ongoing projects is expected to generate increased revenues and, consequently, greater financial capacity for the Port Authority to meet all its commitments.

Regarding investments, the Port Authority of A Coruña’s Business Plan identifies two key projects: the completion of the railway access to Punta Langosteira and the commissioning of the southern area of the harbour basin through the construction of a new quay and operational yards to support the deployment of offshore wind-related industries.

These projects have gained further momentum following confirmation that the Port Authority will receive €97.5 million in European Next Generation funds through the PORT EOL-MAR project, promoted by the Ministry for the Ecological Transition and the Demographic Challenge in coordination with State Ports.