Adares Wind Plant expansion
Sector: Power Generation (CCGT) • Location: Turkey
Source: World Bank Group
Proceeds are used for the 12 MW extension of existing 10MW Adares wind power plant in Izmir, Turkey. Sponsors are Beyçelik Gestamp Yenilenebilir Enerji, BAK Enerj and Elawan Energy S.L. Debt provider is Garanti bank, which provided $8 million. Debt to equity ratio is 70:30. Financial close took place on October 2nd,2020 and the project is expected to be operational by March 2021.
- Status
- Prospective
- Sector
- Power Generation (CCGT), Wind, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Proceeds are used for the 12 MW extension of existing 10MW Adares wind power plant in Izmir, Turkey. Sponsors are Beyçelik Gestamp Yenilenebilir Enerji, BAK Enerj and Elawan Energy S.L. Debt provider is Garanti bank, which provided $8 million. Debt to equity ratio is 70:30. Financial close took place on October 2nd,2020 and the project is expected to be operational by March 2021. https://ijglobal.com/data/transaction/54558/adares-wind-plant-12mw-expansion |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Power Generation (CCGT), Wind, Government |
Article published date | 2024-06-06 |
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