Release date: 20 May 2008
Promoter – Financial Intermediary
Enerjisa Enerji Uretim A.S.
Location
Description
The construction and operation of several small and medium size Hydro Electric Power Plants with an expected installed capacity of more than 900 MW. The plants are either run of river or they have reservoir’s smaller than 15 square kilometres.
Objectives
Support the development of renewable energy resources in Turkey and further develop the country’s hydro power potential.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 135 million
Total cost (Approximate amount)
Estimated at EUR 700 million
Environmental aspects
If the project were located in the EU, it would fall under Annex II of the EIA Directive (85/337/EEC) as amended, requiring the competent national authority to determine the need for an EIA. In this case, as the installed capacity for each plant – except for two small run of river developments – is likely to exceed 50MW, they will require an EIA under national legislation.
Procurement
Publication in the OJEU will be undertaken for items financed by the EIB, in line with the EIB Guide to Procurement.
Status
Signed - 11/07/2008
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).