EBRD extends sustainable energy funding programme in Turkey
€225 million to Turkish banks for on-lending to private sector
Author(s): Sergiy Grytsenko
Date: 29 September 2011
The EBRD has extended its financing facility to support Turkey’s investments in renewable energy and energy efficiency projects to increase energy savings and reduce carbon emissions.
With the extension of the Mid-size Sustainable Energy Financing Facility, or MidSEFF, originally launched in December 2010, the Bank will continue helping Turkey to reduce its dependence on fossil fuels by financing private sector energy efficiency investments in mid-size sustainable energy projects with the total investment cost of up to €50 million.
More:EBRD extends sustainable energy funding programme in Turkey [EBRD - News and events]