In 2025, turnover stood at 77 million euros, up 0.37% from 76.7 million in 2024. Debt with the European Investment Bank amounted to 30.9 million, and cash balances totalled 73.8 million euros. EBITDA amounted to 35.2 million euros.
In line with the above, the organisation’s economic and financial situation will enable it to continue making significant investments in key areas such as energy transition, basic infrastructure, intermodality, digitalisation, innovation and port-town relations. To this end, a green loan of up to 80 million euros has been secured from the European Investment Bank – Climate Bank, and 34 million euros in grants have been approved in competitive programmes by the European Commission to promote electrification and the creation of the port’s energy model, decarbonisation and innovation. These ongoing projects provide an excellent starting point for taking a qualitative step forward and placing ourselves at the forefront of the first ‘Comprehensive Strategic Plan for European Ports’, to be published shortly by the European Commission.
Likewise, to support business competitiveness, the Bilbao Port Authority will continue not to increase the prices charged to its customers. Consequently, and as has been the case since 2014, port fees will remain unchanged despite the cumulative general inflation over this period. The Port Authority also offers a 50% tax discount to pioneering vessels powered by alternative fuels (LNG and hybrid vessels) and those using low emission technology when berthed, as part of the drive towards decarbonisation.
Increase in the investment budget
Total investment in 2025 amounted to 35.7 million euros. Stand-out infrastructure projects include:
- Second stage of the central breakwater: 19.4 million euros
- 60 MW connection to OPS switching station: .3.3 million euros
- Second stage of the vacuum sewer system: 1.6 million euros
- OPS1 A5 Dock energy efficiency: 1.1 million euros
The investment planned for 2026 will increase significantly to 110.9 million euros, as per the current Investment Plan. This will primarily be allocated as follows:
- Second stage of the central breakwater: 27.6 million euros
- 60 MW connection to OPS switching station: 4.6 million euros
- OPS1 A5 Dock energy efficiency: 2.7 million euros
- OPS2 at A1, A2, A6, AZ3 and cruise ship docks: 27.5 million euros
- PV arrays on sea walls and at car parks: 8.5 million euros
- PV arrays on roof structures: 2.9 million euros
- Powertrack for the OPS2 project: 4 million euros
- Rerouting of the Petronor pipeline rack at the Punta Lucero breakwater rock: 7.5 million euros
- Upgrade of the Customs facilities: 5 million euros
- Service building for employees working in connection with Port Authority vessels: 1.2 million euros
Port access