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Cataltepe Wind Farm Extension

Sector: Wind • Location: Balikesir, Turkey

Source: World Bank Group

Project
Active

The project involves an extension of 11.75MW to the Cataltepe Wind Farm located in Havran, Balikesir Province, Turkey. Alize Enerji Elektrik Üretim, SPV onwed by Demirer Elektrik, operates the plant. The project has a total capex of EUR 10.8 million ($12 million) and requires a debt-to-equity ratio of 56:44. The EUR 6.1 million ($6.74 million) loan was provided by Garanti Bank acting as sole lende

Status
Prospective
Sector
Wind, Power Generation (CCGT), Raw Materials, Commercial, Government
Location
Balikesir, Turkey
Updated
22 Jul 2026
Source
World Bank Group

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The project “Cataltepe Wind Farm Extension” is an infrastructure initiative in the Wind sector, located in Balikesir, Turkey. Taiyo aggregates data on it from World Bank Group.

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

The project involves an extension of 11.75MW to the Cataltepe Wind Farm located in Havran, Balikesir Province, Turkey. Alize Enerji Elektrik Üretim, SPV onwed by Demirer Elektrik, operates the plant. The project has a total capex of EUR 10.8 million ($12 million) and requires a debt-to-equity ratio of 56:44. The EUR 6.1 million ($6.74 million) loan was provided by Garanti Bank acting as sole lender. Financial close took place on 8 November 2019. https://ijglobal.com/data/transaction/49166/cataltepe-wind-farm-1175mw-extension

Original sector

Energy

Budget

Location

Country

Turkey

State

Balikesir

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Wind, Power Generation (CCGT), Raw Materials, Commercial, Government

Article published date

2024-05-26

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