9 Industry, Innovation and Infrastructure

EBRD will give $265 million to energy projects

EBRD will give $265 million to energy projects
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European Imar and Development Bank (EBRD) provided a new source of $265 million to Turkey. Credit for energy and cost savings of SMEs is transferred to be used in the second phase of the Sustainable Energy Finance Program (TURSEFF) project for Turkey. This resource will be used through banks located in TURSEFF project. These banks are ranked as Business Bank, Akbank, Denizbank, Foundationbank and Construction Credit Bank.

4 July 2013 Energy Day

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Source: Sustainable Business