EBRD/Sword: Our priority is to support renewable power investments

European Bank for Reconstruction and Development (EBRD) Turkey Deputy Leader Şule Kılıç, in her assessment about providing 2 billion lira (approximately 110 million dollars) of electric vehicle charging financing to Enerjisa, said, “Our priority is renewable power…

EBRD Turkey Deputy Leader Şule Kılıç, who was a guest on Bloomberg HT, commented on the EBRD’s provision of electric vehicle charging financing to Enerjisa.

Kılıç said that they “have found the chance to realize many firsts with Enerjisa” and that they are trying to provide long-term loans in the most appropriate way for investments.

Stating that they saw the importance of energy and power security in 2022, Kılıç noted that the previous ones would support renewable power investments.

Kılıç underlined that the distribution of renewable power is a valuable issue as well as its production and said, “We have to evaluate climate change as a risk.” said.

110 million USD financing from EBRD to Enerjisa

To date, the EBRD has provided Enerjisa Power with its largest financing for electric vehicle charging stations and distributed power generation. The bank and the company signed a financing agreement of 2 billion lira (approximately 110 million dollars) on January 10.

Making a statement after the signing ceremony of the financing, EBRD Sustainable Infrastructure Cluster Manager Nandita Parshad said that the financing in question is the largest financing the bank has provided in the field of electric vehicle charging station and distributed power generation in the countries where it operates.