GE will also operate and maintain the units under a services agreement. Financial terms were not released.

The 22.5MW Sares and 10MW Karadag projects will cost €54 million and produce enough power for about 59,000 homes.

GAMA, based in Ankara, is developing and investing in the projects while TSKB, the Industrial Development Bank of Turkey, is arranging and leading €44 million in debt financing.