TKYB Provides Loan Support for Entek Elektrik's RES Project in Eskişehir
The Development and Investment Bank of Turkey has allocated $49 million in funding for the planned storage solar power plant project by TÜPRAŞ subsidiary Entek Elektrik in Eskişehir.
The Development and Investment Bank of Turkey has signed a significant financing agreement worth $49 million with Entek Elektrik, a subsidiary of TÜPRAŞ, for the storage solar power plant project to be implemented in Eskişehir.
Financing Agreement for the Project
An official financing agreement was signed between the Development and Investment Bank of Turkey and Entek Elektrik, a subsidiary of TÜPRAŞ, for a new energy investment to be established in Eskişehir. Through this collaboration, the financial infrastructure of the project has been secured.
Power and Capacity Details of the Plant
The Adatoprakpınar Storage Solar Power Plant project is planned to have an installed capacity of 70 MWm/50 MWe and a storage capacity of approximately 115 MWh. The project will make a significant contribution to the renewable energy generation capacity in the region.
Loan Process and Disbursals
According to the official statement, loan drawdowns have already begun within the scope of the agreement. It was stated that fund disbursals will continue in parallel with the determined project schedule.