- EBRD provides US$ 200 million (€172 million) to Enerjisa Üretim to support 250 MW of new wind power capacity in Muğla
- Project will prevent 221,000 tonnes of CO2 emissions annually, driving Türkiye’s renewable energy targets and net zero ambitions
- Project creates social impact and opportunities for communities, supporting Enerjisa Üretim’s Just Transition
The European Bank for Reconstruction and Development (EBRD) is advancing Türkiye’s green transition by lending US$ 200 million (€172 million) to Enerjisa Enerji Üretim A.Ş. (Enerjisa Üretim).
The Bank’s support will enable the construction of 250 MW of wind power plants in Muğla, as part of the 1 GW Enerjisa Üretim wind project portfolio.
The landmark project will generate approximately 630 GWh of green electricity annually and avoid around 221,000 tonnes of CO2 emissions. In addition to supporting Türkiye’s net zero ambitions, the project will strengthen energy security and reduce the country’s reliance on fossil fuels.
Beyond boosting Türkiye’s energy security and green economy, the project will also deliver strong social impact. As part of the Bank’s investment, Enerjisa Üretim will create a nationally accredited training programme through a new vocational qualification and certification centre that will reskill coal-sector workers for roles in renewables, agriculture and tourism, furthering Enerjisa Üretim’s Just Transition agenda.
Şule Kılıç, EBRD Head of Energy Eurasia, said: “We’re pleased to support our longstanding client, Enerjisa Üretim, in growing its renewable energy portfolio. Not only will this project create new green energy capacity, bringing cleaner and cheaper electricity, but it will also contribute to broader economic and social benefits. Partnering with Enerjisa Üretim reflects our commitment to scale up renewables in Türkiye and ensure the benefits reach people and communities.”
Mert Yaycıoğlu, Enerjisa Üretim Chief Financial Officer, said: “As Türkiye’s largest independent power producer, Enerjisa Üretim is firmly committed to accelerating the country’s energy transition through sustainable and renewable investments. Our 4.2 GW of installed capacity, coupled with a solid pipeline of at least 1.5 GW and a portfolio increasingly focused on wind, solar and innovative energy technologies, allows us to see renewable energy not only as a growth area but as a long-term responsibility towards energy security, climate resilience and future generations. Partnerships with institutions such as the EBRD are instrumental in scaling this ambition and reinforcing Türkiye’s role in the global green energy transformation.”
The EBRD is one of Türkiye’s key investors, with more than €23 billion committed through over 500 projects and trade finance limits since 2009, largely in the private sector.