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Akfen Energy

Sector: Seaport • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed

The proposed investment is an equity participation in Akfen Yenilenebilir Enerji A.S. (Akfen Energy or the Company), a pure renewable energy platform company set up by Akfen Holding A.S. (Akfen Holding or the Sponsor) to develop, acquire and operate a portfolio of renewable power projects in Turkey (the Project).IFC’s investment proceeds will be used to finance: (i) completion of under constructio

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The project “Akfen Energy” is an infrastructure initiative in the Seaport sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

The proposed investment is an equity participation in Akfen Yenilenebilir Enerji A.S. (Akfen Energy or the Company), a pure renewable energy platform company set up by Akfen Holding A.S. (Akfen Holding or the Sponsor) to develop, acquire and operate a portfolio of renewable power projects in Turkey (the Project).IFC’s investment proceeds will be used to finance: (i) completion of under construction projects of the Company; and (ii) acquisition of multi-stage renewable power projects in Turkey. Through this investment, IFC will be supporting an existing client and a strategic partner which has demonstrated strong operational and management capacity in diverse sectors including ports, airports and hotels that IFC has provided financing for.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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