| Project Detail |
Project Description Up to USD 80 million unsecured A/B loan with up to 6-year tenor (the Loan) to Borusan EnBW Enerji A.S. (the Company or Borusan EnBW Enerji), a renewable energy company 50/50 owned by the Turkish conglomerate Borusan Holding A.S. (Borusan Holding) and the German utility EnBW AG (EnBW), (together the Sponsors). The Company is an existing client of the Bank, as the sponsor of the Kiyikoy Wind Power Plant (WPP) Extension project. Project Objectives The loan will be used to replace up to USD 80 million of maturing short-term facilities and enable the company to realize the planned additional renewable capacity in its pipeline. |
