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Saros wind farm

Sector: Wind • Location: Turkey

Source: World Bank Group

Project
Active

The project involves the development of the 138MW Saros wind farm located in Bergama, Izmir, Turkey. The total value of the project is $183.65 million and sponsor is Borusan EnBW Enerji. GE Renewable Energy has been selected by Borusan to build the plant.

The debt package includes $64.5 million ECA covered facility and $80 million commercial loan. Debt-to-equity ratio is 80:20.

Financial close t

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 “Saros wind farm” 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 involves the development of the 138MW Saros wind farm located in Bergama, Izmir, Turkey. The total value of the project is $183.65 million and sponsor is Borusan EnBW Enerji. GE Renewable Energy has been selected by Borusan to build the plant. The debt package includes $64.5 million ECA covered facility and $80 million commercial loan. Debt-to-equity ratio is 80:20. Financial close took place on 9 March 2020. https://ijglobal.com/data/transaction/50471/saros-wind-farm-138mw https://www.ge.com/news/press-releases/ge-renewable-energy-signs-first-cypress-order-turkey-borusan-enbw-enerji

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

2024-09-29

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