OeEB provides a EUR 20 million loan to the Industrial Development Bank of Turkey (TSKB). The funds will be used for financing renewable energy and energy efficiency investments across Turkey.
OeEB’s credit line contributes to improving the energy supply and energy efficiency in Turkey and therefore helps reduce the country’s dependence on expensive fossil fuel imports. Moreover, greenhouse gas emissions will be reduced which contributes to climate protection.
A study financed with OeEB Advisory Programmes funds identified TSKB as an ideal partner for the financing of energy projects in Turkey.
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More about the project
Study – Energy efficiency in Turkey