MidSEFF Katılımcı Bankalar

Akbank Denizbank Finansbank Garanti Türkiye İş Bankası Vakıfbank YapıKredi

Geliştiren

European Bank

Destekleyen

European Union European Investment Bank

Project Danışma Ekibi

MWH DAPPOLONIA GFA Envest Frankfurt School

The EBRD financing provided to the Participating Banks (PB) under the Facility shall be on-lent for three categories of investments. The specific eligibility criteria for each category can be downloaded by the Download page:

  • Renewable energy investments ;
  • Industrial energy efficiency investments ;
  • Waste-to-energy investments.

Eligible Sub-borrowers
Eligible Sub-borrowers shall meet the following requirements:

  • Be private enterprises, firms, businesses, sole proprietors or other private legal entities formed under the laws of and operating in Turkey.
  • Sub-borrowers shall have majority private ownership and control (i.e. majority rights) or be in the final stage of the process of an irrevocable privatisation, according to explicit privatisation law or regulation.
  • Sub-borrowers must be financially viable and meet the PB’s credit criteria and be approved in accordance with the PB's credit appraisal procedures.
  • Sub-borrowers must pass the integrity check by the PBs (as requested in the loan agreement) and may not be persons or entities that are included on EBRD's list of persons or entities ineligible to be awarded an EBRD-financed contract or for EBRD funding, as such list may be found at http://www.ebrd.com/pages/about/integrity.shtml (or any successor website or location).

Eligible Sub-projects
Facility financing may be on-lent as Sub-loans to eligible Sub-borrowers only for investments that meet the eligibility criteria for Sub-projects as described herein. Eligible Sub-projects shall be investments which contribute to:

  • The production of energy from renewable energy sources; or
  • The improvement of the energy efficiency of industrial enterprises; or
  • The production of energy from municipal and/or industrial waste or
  • Combination of some or all above type of investments.