Zorlu Kizildere Geothermal Plant
Sector: Geothermal • Location: Turkey
Source: World Bank Group
Zorlu Energy acquired from state-owned company Elektrik Uretim the 17.4MW Kizildere geothermal plant in Setpember 2008 in a divestiture. Consequently, Zorlu Energy has increased the capacity of the plant from 17.4MW to 80MW, with an annual output of 575GWh.
Zorlu obtained leasing rights for a period of 30 years.
The expansion reached financial closure in October 2010. Total investment was
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Participants
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Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Zorlu Energy acquired from state-owned company Elektrik Uretim the 17.4MW Kizildere geothermal plant in Setpember 2008 in a divestiture. Consequently, Zorlu Energy has increased the capacity of the plant from 17.4MW to 80MW, with an annual output of 575GWh. Zorlu obtained leasing rights for a period of 30 years. The expansion reached financial closure in October 2010. Total investment was US$230 million, financed by Akbank and Garanti bank, with a tenor of 12 years. In June 2013, another $40 million was borrowed from the same banks. The expansion was commissioned in September 2013. Financial adviser to the project was Ernst & Young. Legal adviser to the project was White & Chase. Coordinates: 37°57'00?N 28°50'35?E |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
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Country | Obfuscated |
State | Obfuscated Data |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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