Brief: Sabanci Holding Says Sabanci Renewables Signs A Project Finance Facilities Worth $243 Million For Oriana Solar Project

Haci Omer Sabanci Holding

29/03/2024 05:39

March 29 (Reuters) - Haci Omer Sabanci Holding AS
 SAHOL.IS :
    * SABANCI HOLDING SAYS A PROJECT FINANCE FACILITIES
AMOUNTING TO
USD 243 MILLION HAS BEEN SIGNED BY SABANCI RENEWABLES, A
WHOLLY-OWNED INDIRECT SUBSIDIARY OF SABANCI HOLDING FOR ORIANA
SOLAR PROJECT
    * SABANCI HOLDING SAYS THIS FINANCE HAS BEEN SIGNED  WITH
THE
EQUAL PARTICIPATION OF MUFG BANK LTD., ING BANK LLC AND NORD LB
    * SABANCI HOLDING SAYS ORIANA SOLAR PROJECT CONSISTING OF A
232 MW
SOLAR POWER PLANT INVESTMENT THAT IS EXPECTED TO REACH
COMMERCIAL OPERATION IN Q2 OF 2025
    * SABANCI HOLDING SAYS SABANCI RENEWABLES INC.'S INVESTMENTS
ON
272 MW CUTLASS II SOLAR PROJECT IS CURRENTLY AT COMMISSIONING
STAGE
    * SABANCI HOLDING SAYS SABANCI RENEWABLES WILL REACH A TOTAL
RENEWABLE ENERGY PORTFOLIO OF 504 MW IN US, UPON COMPLETION OF
BOTH CUTLASS II AND ORIANA SOLAR PROJECTS

Source text for Eikon:  ID:nIKAmY6cD 
Further company coverage:  SAHOL.IS 

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