EBRD extends US$125 million in new funds to Turkey’s Enerjisa

As the first project under its new Vital Infrastructure Support Programme, the European Bank for Reconstruction and Development (EBRD) is providing new financing worth US$ 125 million to Turkey’s largest utilities, Enerjisa Enerji, as the company is safeguarding electricity supply for 21 million people amid the coronavirus pandemic.

Anticipating the adverse impact of the Covid-19 outbreak on its operations and investment programme, Enerjisa, which also servers Turkey’s largest cities Istanbul and Ankara, has proactively requested new funds to avoid disruptions

Funding agencies: European Bank for Reconstruction and Development (EBRD)

Countries: Turkey

Published: 2020-05-12

Sectors: Infrastructure and Construction