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Mare Manastir Wind Farm Expansion

Sector: Wind • Location: Turkey

Source: World Bank Group

Project
Active

The project envisages the expansion of the existing Mare Manastir 42.4 MWm (39.2 MW) wind farm in Izmir, Turkey. The expansion work will add further 13.8 MWm (12.8 MW) to the facility.

Under Turkish policy for renewable energy the national grid is obliged to purchase the output. Moreover, the plant may sell electricity to the spot market as well.

The project reached financial closure on December

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

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Project Information

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The project “Mare Manastir Wind Farm Expansion” is an infrastructure initiative in the Wind sector, located in 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 envisages the expansion of the existing Mare Manastir 42.4 MWm (39.2 MW) wind farm in Izmir, Turkey. The expansion work will add further 13.8 MWm (12.8 MW) to the facility. Under Turkish policy for renewable energy the national grid is obliged to purchase the output. Moreover, the plant may sell electricity to the spot market as well. The project reached financial closure on December 23 2016 after tyiing up funds from Garanti Bank amounting to EUR 9.7 million ($10.1 million). Equity contribution equals $6.6 million split equally between the two sponsors - Demirer Holding and Enercon GmbH.

Original sector

Energy

Budget

Location

Country

Turkey

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

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

Article published date

2024-09-19

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