Environmental & Social Due Diligence · Project detail

ALRO, Romania

Environmental due diligence for EBRD financing to a major Romanian aluminium producer, linking industrial operations, environmental management and energy efficiency.

DepartmentEnvironmental & Social Due Diligence

Finance contextEBRD loan · USD 180 million

IndustryAluminium production

FocusE&S audit · ESAP · energy audit


01 · The decision context

Industrial due diligence across production, management and investment priorities.

Bulkai conducted environmental due diligence in connection with an EBRD loan of USD 180 million to Alro S.A., including USD 105 million syndicated to commercial banks. Alro is described in the public source as one of Romania’s largest industrial companies and a major aluminium producer in the region.


02 · Project frame

Four facts that frame the industrial and financing context.


01

Loan

USD 180 million

EBRD financing context

02

Syndication

USD 105 million

Commercial banks

03

Operations

Smelter and refinery

Romanian production sites

04

Supply link

Vimetco bauxite mine

Sierra Leone context


03 · Bulkai contribution

Environmental and social evidence for a complex aluminium value chain.


01

E&S audit

Environmental and social audit of Alro’s smelter and refinery operations.

02

Management and action plan

Review of environmental-management capabilities and development of an ESAP for the Tucea refinery and Slatina smelter.

03

Energy and supply-chain lens

Energy audit of company facilities plus an EHS questionnaire for the linked Vimetco bauxite mine.


Field note

In industrial due diligence, the most useful view connects operations, management capacity, investment priorities and relevant supply-chain context.

AR


04 · What the work connected

A project frame spanning sites, systems and proposed investments.

The work brought together operational audit, environmental-management review, action planning and energy-efficiency analysis. It also addressed the source-linked EHS information needs of the Vimetco bauxite mine supplying the refinery, without extending the public record beyond the stated questionnaire scope.