European Bank for Reconstruction and Development (EBRD) is providing a $85 million loan to Turkiye Sınai Kalkınma Bankası (TSKB) to finance private midcap companies investing in renewable energy and resource efficiency projects in Turkey. The financing will contribute towards a green economy by supporting solar, hydropower, wind, geothermal, waste-to-energy and energy efficiency projects as well as water-saving and waste minimization. The loan comes under the EBRD’s €1.6 billion (~$1.9 billion) Mid-size Sustainable Energy Financing Facility (MidSEFF) for Turkey. Source: EBRD, Dec 27
Turkey again and again
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