Zorlu - Kizildere III GPP Extension

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An up to USD 70 million senior loan to Dogal Elektrik Uretimi A.S. (Zorlu Dogal) guaranteed by Zorlu Enerji Elektrik Uretimi A.S. (Zorlu Enerji) and Zorlu Holding A.S. (Zorlu Holding). The transaction is part of an up to USD 270 million financing package to be used for the expansion of Kizildere III thouth the additionl of Unit 2 to make this a 165 MWe geothermal power plant (GPP). The Project is located in West Anatolia, Turkey. Zorlu Enerji (“Zorlu”) is part of Zorlu Holding, Turkish company with interests in the construction, energy generation, and industrial sectors.   The Project will help Zorlu to expand its renewable energy portfolio and allow for the development of renewable energy in Turkey. The Phase II of the  Geothermal Power Plant has been developed in line with Turkish legislation and an Environmental Impact Assessment (EIA) has been completed as part of the local compliance process and is currently  pending in final approvals. There is a Project Summary Document available for this project. Non-Technical Summary (NTS): Turkish | English Stakeholder Engagement Plan (SEP): Turkish | English Environmental Impact Assessment (EIA) as submitted for Turkish permitting: Turkish | English Environmental and Social Action Plan (ESAP): Turkish | English An Updated Addendum summarizing the permitting as of 2017 has been prepared by the Company and can be downloaded in Turkish | English or on the Company web site Full ESIA documentation is available locally at: Contact: Tamer Soylu EHS manager, email: tamer.soylu@zorlu.com Address Levent 199, Büyükdere Cad. No:199 Şişli - İstanbul - Turkey Telephone number: 0212 456 2838