EBRD provides sustainability-linked financing to MCS Coca-Cola LLC
BackThe EBRD has provided a $51.6 million loan—its first sustainability-linked financing in Mongolia—to MCS Coca-Cola LLC to promote sustainable manufacturing practices.
The funds will support MCS Coca-Cola LLC in installing a modern aseptic bottling line and upgrading its water bottling and other packaging equipment. The company will also invest in expanding its distribution fleet with electric e-trucks, acquiring electric forklifts, and constructing an energy-efficient warehouse powered by renewable energy sources.
The loan is supported by the EBRD’s Finance and Technology Transfer Centre for Climate Change (FINTECC) programme. Upon completion of the project, the company aims to significantly improve its plastic packaging collection and recycling processes and enhance water-use efficiency.