The European Bank for Reconstruction and Development (EBRD) said that it will provide 55 million dollars in financing to support small-scale renewable energy and resource efficiency projects to Isbank, Turkey’s largest private bank.
The funds are extended under the EBRD’s renewed Turkey Sustainable Energy Financing Facility (TurSEFF), a framework originally aimed at financing small and medium-sized enterprises (SMEs) seeking to enhance their energy efficiency and invest in renewable energy.
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 800 EUR annually – company licensed
Tags: EBRD, electricity, Isbank, loan, renewable, RES, Turkey