OREANDA-NEWS. KfW IPEX-Bank is providing the food retailer REWE Group with a EUR 125 million loan from the KfW Energy Efficiency Programme to build a new envi-ronment-friendly logistics centre in Neu-Isenburg south of Frankfurt.

With this loan KfW IPEX-Bank is again supporting a strategically important logistics project of REWE Group. The investment is a cornerstone of the group's environmental management programme to achieve significant carbon reductions. The central location of the new warehouse and resulting transport route optimisation, as well as the high energy efficiency of the actual building with its automated logistics facilities, will help minimise environmental im-pacts. The modern building will meet the latest construction, engineering and technical standards and will achieve energy savings of more than 30% com-pared to conventional buildings.

Slated for completion in 2014, the new warehouse will deliver dry food and non-food items to food markets across Germany.

"We especially support projects that benefit the environment and the climate. The tailor-made financing solution for our long-standing customer is our way of assisting REWE Group with its consistent, environmentally responsible logistics reorganisation," said Markus Scheer, member of the Management Board of KfW IPEX-Bank, at the signing of the loan agreement. REWE Group is one of Germany's and Europe's leading trade and tourism groups and has more than 323,000 employees.