European Bank for Reconstruction and Development (EBRD) has provided a $200 million (€172 million) loan to Enerjisa Enerji Uretim to support the construction of 250 megawatts of new wind power capacity in southwestern Türkiye, the bank said Monday.
The financing will enable the development of wind power plants in the province of Mugla as part of Enerjisa Uretim's broader 1-gigawatt wind project portfolio.
Once operational, the project is expected to generate around 630 gigawatt-hours of electricity annually and prevent approximately 221,000 tonnes of carbon dioxide emissions each year, contributing to Türkiye's renewable energy targets and net-zero ambitions.
EBRD said the investment will also help strengthen Türkiye's energy security and reduce reliance on fossil fuels, while supporting the country's transition to a greener economy.
In addition to environmental benefits, the project is designed to deliver social impact. As part of the investment, Enerjisa Uretim will establish a nationally accredited vocational training and certification center to reskill coal-sector workers for jobs in renewables, agriculture and tourism, supporting a just transition.
Sule Kilic, EBRD head of Energy Eurasia, said the bank was pleased to support Enerjisa Uretim in expanding its renewable energy portfolio.
"Not only will this project create new green energy capacity, bringing cleaner and cheaper electricity, but it will also contribute to broader economic and social benefits. Partnering with Enerjisa Uretim reflects our commitment to scale up renewables in Türkiye and ensure the benefits reach people and communities," she said.
Enerjisa Üretim Chief Financial Officer Mert Yaycioglu noted that the company remains committed to accelerating Türkiye's energy transition through sustainable investments.
"Our 4.2 GW of installed capacity, coupled with a solid pipeline of at least 1.5 GW and a portfolio increasingly focused on wind, solar and innovative energy technologies, allows us to see renewable energy not only as a growth area but as a long-term responsibility towards energy security, climate resilience and future generations," Yaycioglu said.
EBRD is among Türkiye's key investors, having committed more than €23 billion through over 500 projects and trade finance facilities in the country since 2009, mainly in the private sector.
By Humeyra Ayaz
Anadolu Agency
energy@aa.com.tr
