Kutes Solar

Kutes Solar Power Plants Portfolio - TSKB Direct Loan

Borrower(s)
Kutes Solar
Industry
Renewable energy/PV solar
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Turkey

Project Overview

EBRD is supporting Kutes, a Turkish metal casting company, in its transition to sustainable energy through a risk-sharing agreement with development bank Turkiye Sinai Kalkinma Bankasi. Kutes is investing in 26MW of solar power plants in Kirklareli and Edirne in Turkiye. The investment will enable...

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Deal Volume
$25.21m
Financial Close
21/12/2023
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Tranches

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Project Deals

Kutes Solar Power Plants Portfolio
$24.67m
Greenfield
PV solar
Europe
Europe
Turkey