EBRD lends to Enerjisa Enerji
(AA Photo)
The European Bank for Reconstruction and Development (EBRD) will provide Enerjisa Enerji with a loan of up to the Turkish Lira equivalent of $207 million.
According to a statement by Enerjisa Enerji, the seven-year loan will be used for investments aimed at developing and modernizing the electricity distribution network in the company’s three distribution regions: Başkent, AYEDAŞ and Toroslar.
The project benefits from a first loss risk cover from the European Fund for Sustainable Development plus (EFSD+) Hi-Bar guarantee programme, said the EBRD.
