Zorlu – Kizildere III GPP Extension

Country:

Turkey

Project number:

48791

Business sector:

Power and energy

Notice type:

Private

ESIA disclosed:

08 Dec 2016

Status:

Disbursing

Target board date:

05 Apr 2017

Project description

An up to USD 70 million senior loan to Dogal Elektrik Uretimi A.S. (Zorlu Dogal) guaranteed by Zorlu Enerji Elektrik Uretimi A.S. (Zorlu Enerji) and Zorlu Holding A.S. (Zorlu Holding). The transaction is part of an up to USD 270 million financing package to be used for the expansion of Kizildere III thouth the additionl of Unit 2 to make this a 165 MWe geothermal power plant (GPP). The Project is located in West Anatolia, Turkey.

Zorlu Enerji (“Zorlu”) is part of Zorlu Holding, Turkish company with interests in the construction, energy generation, and industrial sectors.   The Project will help Zorlu to expand its renewable energy portfolio and allow for the development of renewable energy in Turkey.

The Phase II of the  Geothermal Power Plant has been developed in line with Turkish legislation and an Environmental Impact Assessment (EIA) has been completed as part of the local compliance process and is currently  pending in final approvals.

There is a Project Summary Document available for this project.

ESIA summary

Non-Technical Summary (NTS): TurkishEnglish
Stakeholder Engagement Plan (SEP): Turkish | English
Environmental Impact Assessment (EIA) as submitted for Turkish permitting: Turkish | English
Environmental and Social Action Plan (ESAP): Turkish | English

An Updated Addendum summarizing the permitting as of 2017 has been prepared by the Company and can be downloaded in Turkish | English or on the Company web site

Full EIA availability

Full ESIA documentation is available locally at:

  • Local Authority (hard copy)
     
  • Address: Buharkent Belediyesi, Kamil Paşa Mahallesi Atatürk Caddesi No :73 Buharkent / AYDI
    Contact Name Ali Esin – Buharkent Belediyesi Halkla İlişkiler Müdürü
    Tel and email: 0 256 391 30 05 - buharkentbelediyesi@hotmail.com
     
  • Zorlu Head Office
    Address Levent 199, Büyükdere Cad. No:199 Şişli - İstanbul - Turkey
    Contact Tamer Soylu
    Telephone number: 0212 456 2838
    Email tamer.soylu@zorlu.com
     
  • Zorlu (site )
    Address: Karataş Mahallesi Jeotermal Sokak No:102 Sarayköy - Denizli - Turkey
    Contact Name:  Ali Er, manager
    e-mail: ali.er@zorlu.com
    Tel: 0 (258) 429 11 00

     
  •  Internet site: English docs | Turkish docs
     
  • EBRD, Resident Office Istanbul ,
    Buyukdere Caddesi, 185;
    Kanyon Ofis Binasi, Kat: 2; Levent; Istanbul 34394;
    Turkey; Email: RO-Istanbul@ebrd.com;

    Tel: +90 212 386 1100;
    Contact:  Erdem Mehmet Yasar ; email: yasrm@ebrd.com

Enquiries

Contact: Tamer Soylu EHS manager,
email: tamer.soylu@zorlu.com
Address Levent 199, Büyükdere Cad. No:199 Şişli - İstanbul - Turkey
Telephone number: 0212 456 2838

This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.

Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.

Last updated 25 June 2014