📋 Tender Overview
Location: Türkiye
Project number: 55447
Business sector: Energy
Notice type: Private
Environmental category: B
EBRD Finance Summary: USD 60,000,000.00
Total Project Cost: USD 152,300,000.00
Project Description
A senior loan of up to USD 60 million, as a part of a USD 120 million financing package, with 14-year tenor (the "Loan") to Borusan EnBW Enerji Yatirimlari ve Uretim A.S. (the "Borrower" or the "Company"), a renewable energy company incorporated in Turkiye.
Project Objectives
The proceeds of the Loan will be used for the development and construction of 35.4MWm/35.4 MWe wind capacity expansion at the Borrower's operating Balabanli wind power plant in Tekirdag and 80MWm/80MWe Pelit wind power plant in Sivas (the "Project").
Transition Impact
ETI score: 73
The Transition Impact arises from the Well-Governed and Inclusive qualities:
Well-Governed: The Borrower will implement improvements in governance and accountability on climate-related risks and opportunities.
Inclusive: The Project is expected to promote women's access to jobs in the male-dominated energy sector by improving the Borrower's equal opportunity policies and practices and enhancing women's share in the company with a focus on field positions.
