📋 Tender Overview
Location: Türkiye
Project number: 55217
Business sector: Energy
Notice type: Private
Environmental category: B
EBRD Finance Summary: USD 42,000,000.00
Total Project Cost: USD 42,000,000.00
Project Description
Senior loan of up to USD 42 million (the "Loan") in favour of Kavram Enerji Yatirim Uretim ve Ticaret A.S. (the "Borrower" or "Kavram Enerji"), a private company incorporated in Turkiye.
Project Objectives
The proceeds of the Loan will be used for the development and construction of (i) a 55MW hybrid solar PV co-located with the Borrower's operational Uluborlu wind power plant (61MW) in the Isparta province and (ii) a 20MW hybrid solar PV co-located with the Borrower's operational Gunaydin wind power plant (21MW) in the Balikesir province.
Transition Impact
ETI score: 60
The Transition Impact arises from the Green quality:
Green: The Project supports climate mitigation activities by displacing c. 35,000 tonnes of CO2 emission per annum from Turkish power system by leading to renewable electricity generation of 100 GWh through development and construction of solar power plants with 75MW installed capacity.
