Enerjisa Gets €135M For Turkey's Largest Wind Farm

Law360, New York (April 27, 2012, 7:37 PM EDT) -- The European Bank for Reconstruction and Development has approved a €135 million construction loan to Enerjisa for the 52-turbine Bares Wind Power Plant Project in Turkey, the largest wind farm ever built in the country, the bank said Friday.

The wind farm will service the sixth-largest electricity market in Europe, increasing electricity generation from renewable energy sources to meet the growing electricity demand and reducing dependence on expensive, imported fuel sources, the EBRD said.

Investing in renewable energy in Turkey is a “key priority,” according to...
To view the full article, register now.