Brief: Sabancı Holding Reaches $1.01 Bln Loan Deal To Finance Renewable Investments In Joint-Venture Enerjisa Enerji Üretim

Haci Omer Sabanci Holding

24/10/2024 06:16

Oct 24 (Reuters) - HACI ÖMER SABANCI HOLDİNG  SAHOL.IS :
    * SAID ON WEDNESDAY, REACHES DEAL WITH U.S. INTERNATIONAL
DEVELOPMENT FINANCE CORPORATION, JP MORGAN, HSBC, KFW IPEX-BANK,
DEUTSCHE INVESTITIONS - UND ENTWICKLUNGSGESELLSCHAFT, AKBANK AND
PROPARCO TO PROVIDE A LOAN UP TO 1.01 BILLION DOLLARS
    * EULER HERMES IS ALSO INVOLVED IN THE FINANCING PROVIDING
EXPORT
CREDIT GUARANTEE FOR A SIGNIFICANT PORTION OF THE DEAL
    * LOAN TO BE USED TO FINANCE 750 MW OF THE RENEWABLE ENERGY
RESOURCE AREA 2 (YEKA-2) IN ÇANAKKALE, AYDIN AND BALIKESİR
PROVINCES
    * EFFORTS ARE UNDERWAY TO FINANCE REMAINING 250 MW FOR YEKA
2
PROJECTS

        
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