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Soyak Holding Geothermal Power Plants

Sector: Geothermal • Location: Manisa, Turkey

Source: World Bank Group

Project
Active

The project entails the construction and operation of three geothermal power plants, located in Alasehir, Manisa, Turkey. The facility has a total installed capacity of 60.3 MW. The total project cost is being estimated at $210 million. There are three banks which have provided two credit facilities amounting to $174 million in total - Garanti Bank, ensuring $61.2 million, Akbank, ensuring $61.2

Status
Prospective
Sector
Geothermal, Power Generation (CCGT), Government
Location
Manisa, Turkey
Updated
22 Jul 2026
Source
World Bank Group

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The project “Soyak Holding Geothermal Power Plants” is an infrastructure initiative in the Geothermal sector, located in Manisa, Turkey. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

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 construction and operation of three geothermal power plants, located in Alasehir, Manisa, Turkey. The facility has a total installed capacity of 60.3 MW. The total project cost is being estimated at $210 million. There are three banks which have provided two credit facilities amounting to $174 million in total - Garanti Bank, ensuring $61.2 million, Akbank, ensuring $61.2 million and TSKB - $51.9 million. The tenor of the debt is 13 years. The sponsor is Soyak Holding, providing the rest of the sum, amounted to $36 million. The SPV is Mis Enerji Üretim A.S. Financial close took place on March 30, 2018. https://ijglobal.com/data/transaction/42205/soyak

Original sector

Energy

Budget

Location

Country

Turkey

State

Manisa

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Geothermal, Power Generation (CCGT), Government

Article published date

2024-05-21

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