Songali Wind Farm
Sector: Wind • Location: Trabzon, Turkey
Source: World Bank Group
The project entails the development of a 40 MW solar plant in Trabzon, Turkey. Sponsor of the project is Canres Elektrik Üretim A.S, which provides $11.3 million. Debt providers are Garanti Bank and Kalkinma Yatirim Bankasi with $11.04 and $35.04 million each. Total cost of the project is $57.37 million. Debt-to-equity ratio is 81:19. Financial close took place on November 19th,2020. The project
- Status
- Prospective
- Sector
- Wind, Power Generation (CCGT), Raw Materials, Solar, Commercial, Government
- Location
- Trabzon, 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 | The project entails the development of a 40 MW solar plant in Trabzon, Turkey. Sponsor of the project is Canres Elektrik Üretim A.S, which provides $11.3 million. Debt providers are Garanti Bank and Kalkinma Yatirim Bankasi with $11.04 and $35.04 million each. Total cost of the project is $57.37 million. Debt-to-equity ratio is 81:19. Financial close took place on November 19th,2020. The project will be fully operational by October 2021. |
Original sector | Energy |
Budget |
Location
Country | Turkey |
State | Trabzon |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Wind, Power Generation (CCGT), Raw Materials, Solar, Commercial, Government |
Article published date | 2024-05-28 |
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