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Published on 9/21/2020 in the Prospect News Green Finance Daily.

Turkey’s Enerjisa Uretim gets €650 million sustainability-linked loan

By Devika Patel

Knoxville, Tenn., Sept. 21 – Enerjisa Uretim has signed a €650 million sustainability-linked loan agreement with seven banks, including Akbank, Garanti BBVA, Turkiye Is Bankasi, HSBC, ING, TEB and Isbank AG, according to a press release.

With this loan, the company has reduced its total debt.

Enerjisa Uretim also stated that sustainability works in two major fields will be accelerated as part of the agreement.

The company made a commitment to increase the share of renewable energy within its power investment portfolio and will be working toward reaching the best international standards in gender equality.

Based in Istanbul, Enerjisa Uretim is a power generation company.


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