AkCez II
Sector: Seaport • Location: Turkiye
Source: International Finance Corporation (IFC)
The proposed investment is a senior loan to Akcez Enerji Yatirimlari Sanayi ve Ticaret A.S.(Akcez) in Turkey, which is a holding company of the electricity distribution, Sakarya Elektrik Dagatim A.S. (Sedas) and electricity supplier, Sakarya Elektrik Perakende Satıs A.S (Sepas). Sedas, which was acquired through privatization in February 2009, is the exclusive electricity distributor in its licens
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is a senior loan to Akcez Enerji Yatirimlari Sanayi ve Ticaret A.S.(Akcez) in Turkey, which is a holding company of the electricity distribution, Sakarya Elektrik Dagatim A.S. (Sedas) and electricity supplier, Sakarya Elektrik Perakende Satıs A.S (Sepas). Sedas, which was acquired through privatization in February 2009, is the exclusive electricity distributor in its license region covering provinces of Sakarya, Bolu, Duzce and Kocaeli. Electricity supplier, Sepas, was unbundled from Sedas in 2013. The scope of the proposed project is to: refinance the outstanding debt of USD 250mln raised in 2010 for the acquisition of Sedas, and to finance the Sedas’ capital expenditures in amount of approximately USD 150 mln in electricity distribution sector in the new regulatory period (2016-2020). Capital expenditures are aimed at providing continuous and high quality electricity distribution services through renewal of the distribution network and capacity increase in order to meet new customers and decrease of technical losses. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
