Karaca Hydro
Sector: Raw Materials • Location: Turkiye
Source: International Finance Corporation (IFC)
The proposed project involves an up to US$94 million debt financing package for Kremna Elektrik Uretim A.S. (the “Kremna” or the “Company”). Kremna is a special purpose vehicle owned 100% by Gama Enerji Anonim Sirketi (“Gama Enerji” or the “Sponsor”), an IFC equity investee company.Gama Enerji was the winning bidder at the privatization tender held on November 9, 2015, for Karacaoren-1 (32MW) and
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 project involves an up to US$94 million debt financing package for Kremna Elektrik Uretim A.S. (the “Kremna” or the “Company”). Kremna is a special purpose vehicle owned 100% by Gama Enerji Anonim Sirketi (“Gama Enerji” or the “Sponsor”), an IFC equity investee company.Gama Enerji was the winning bidder at the privatization tender held on November 9, 2015, for Karacaoren-1 (32MW) and Karacaoren-2 (46.4MW) dam and hydroelectric power plants (total of 78.4MW), which have been operational for the last 23 years. The privatization is in the form of Transfer-of-Operating-Rights for 49 years. The Project purpose of the Project is to finance: (i) acquisition consideration of TL515 million (~US$177 million); (ii) replacement and rehabilitation capital expenditures; and (iii) development, financing costs, and a 12-month DSRA. |
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 |