Friday, November 05, 2010

Four Banks in Turkey may soon be financing sustainable energy investment alued at up to €400 million

"Four Banks in Turkey may soon be financing sustainable energy investment alued at up to €400 million

Balkan Business News Correspondent - 05.11.2010

The EBRD is considering launching a framework operation valued at up to €400 million under which the Bank will provide funding to at least four commercial banks in Turkey for on-lending to private sector borrowers for mid-size energy efficiency, renewable energy and waste-to-energy investments. The framework will include up to € 100 million of EBRD direct risk participation in sustainable energy investments financed by the four participating banks."

More:Balkans.com Business News : Four Banks in Turkey may soon be financing sustainable energy investment alued at up to €400 million