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HomeEUROPE NEWSEBRD forking out credit for raising wind power plants in Türkiye

EBRD forking out credit for raising wind power plants in Türkiye



BAKU, Azerbaijan, November 4. The European Bank
for Reconstruction and Development (EBRD) is providing a senior
loan of up to $200 million to Enerjisa Enerji Üretim A.Ş., one of
Türkiye’s largest independent energy companies with an installed
capacity of 4.2 GW, Trend reports via the EBRD.

The funding, stretching over a term of up to eight years, will
back the development and construction of the second phase of the
YEKA-2 wind energy project, which encompasses the Gaia, Falp, and
Arturna wind farms.

“The combined installed capacity of the facilities will be up to
250 MW, with an annual output of approximately 630 GWh of clean
electricity, reducing CO₂ emissions by approximately 220,000 tons
per year.

The total project cost is estimated at $399 million. The
initiative is in line with the EBRD’s priorities of promoting green
and inclusive growth.

Under the green component, the project contributes to climate
change mitigation by increasing the share of renewable energy
generation. Under the inclusive component, Enerjisa will establish
two local centers—a Vocational Qualification and Certification
Center (VQCC) to address labor market needs and a social enterprise
that will support the development of agriculture, livestock
farming, and tourism in the affected regions,” the bank statement
said.




The project will also be part of a just transition away from
coal generation in Türkiye, opening new doors for economic
opportunities and lending a hand to women’s involvement in the
energy sector.

“The EBRD and Enerjisa will collaborate to incorporate private
sector proposals into the national just transition strategy,” the
statement added.

To note, by mid-2025, Turkey possesses about 400 wind farms
comprising over 4,360 wind turbines, culminating in an excess of 13
GW of wind generating capacity. The nation possesses seven
manufacturing plants for towers, four for blades, and four for
generators, signifying a robust and burgeoning domestic sector that
provides a substantial portion of its wind energy technology.

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