EBRD lends $179m to help build 'largest Turkish wind plant yet'

The European Bank for Reconstruction and Development (EBRD) is putting up €135m ($179m) to help finance what it says will be Turkey’s largest wind plant to date.

The EBRD will make the loan to local power group Enerjisa, which is building the 142.5MW onshore wind farm in Balikesir in western Turkey.

The project, called Enerjisa Bares WPP, will consist of 52 turbines and is due to be completed in the second half of this year.

The loan is the EBRD’s second backing for a wind farm in Turkey. In 2009 it provided €45m to finance the construction of a 135MW onshore project in Osmaniye, southern Turkey.

Enerjisa – which is part-owned by Austrian power group Verbund –…

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