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ComfortDelGro secures $100 mil green loan from DBS for the greening of its UK bus fleet

Felicia Tan
Felicia Tan • 2 min read
ComfortDelGro secures $100 mil green loan from DBS for the greening of its UK bus fleet
CDG's UK business, Metroline, is the fourth largest scheduled bus operator in London, covering about 17% of the city’s scheduled bus services. Photo: CDG
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ComfortDelGro (CDG) has secured a $100 million green loan from DBS to decarbonise its UK bus fleet.

Proceeds of the facility were used to buy 135 electric buses – 77 double-deck and 58 single-deck buses – for CDG’s wholly-owned subsidiary, Metroline. The buses will replace 135 internal combustion engine-powered buses and are projected to avoid about 9,900 tonnes of carbon dioxide equivalent tailpipe emissions annually.

The green loan is the latest in the transport operator’s efforts to transition its global bus fleet to 50% cleaner energy vehicles by 2030 and 100% by 2050.

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