Birecik Power Plant
Sector: Commercial • Location: Turkey
Source: World Bank Group
This plant was a 672MW (6x112-MW), 62.5m high, 2.5km long dam. Total financing for the project was DM2.3bn, comprising DM1.9bn of senior debt, DM300m of equity, and DM100m of start-up revenues. Shareholders were: the public utility Turkiye Elektrik Uretim Iletim A.S. (TEAS) (30%), Gama Endustri Tesisleri Imalat ve Montaj A.S. (18%), Philip Holzmann of Germany (16.9%), GEC-Alsthom (16.7%), Strabag
- Status
- Prospective
- Sector
- Commercial, Hydro, Power Transmission, Power Generation (CCGT), Water Supply and Storage, Government
- Location
- Turkey
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | This plant was a 672MW (6x112-MW), 62.5m high, 2.5km long dam. Total financing for the project was DM2.3bn, comprising DM1.9bn of senior debt, DM300m of equity, and DM100m of start-up revenues. Shareholders were: the public utility Turkiye Elektrik Uretim Iletim A.S. (TEAS) (30%), Gama Endustri Tesisleri Imalat ve Montaj A.S. (18%), Philip Holzmann of Germany (16.9%), GEC-Alsthom (16.7%), Strabag of Austria (8.4%), Verbund Plan of Austria (4.3%), Sulzer Hydro of Germany (3.7%) and TGT (2%). The consortium had a 15 year power purchase agreement (PPA) with TEAS. The financing package was a mixture of $1bn in export credits with a tenor of 15 years and $332m in commercial loans repayable over 7.5 years. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Hydro, Power Transmission, Power Generation (CCGT), Water Supply and Storage, Government |
Article published date | 2024-06-04 |
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