ComfortDelGro's Australian unit secures $23m green loan for 50 hybrid buses

The buses carry a parallel hybrid driveline that uses 30% less fuel.

ComfortDelGro’s Australian subsidiary has secured a $23m (A$25m) green loan to finance its hybrid bus fleet with a total of 50 buses in Victoria, according to a press release .

All low-floor 50 buses are said to carry a parallel hybrid driveline, which uses 30% less fuel.

OCBC Bank will advise ComfortDelGro on its Green Finance Framework in Australia.

Delivery of the buses has already started with the last batch expected in mid-2022.

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