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World Bank Loans for Renewable Energy and Energy Efficiency Projects
 
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World Bank Loans for Renewable Energy and Energy Efficiency Projects


Power plants based on renewable resources and energy efficiency projects including good service and construction activities implemented by private sector would be financed.


Eligible Beneficiaries

Investment projects complying with the definition of “Renewable Energy” and “Energy Efficiency”, environmental regulations in Turkey together with World Bank Environmental Policy, having all required permits and documents can be eligible beneficiary for the loan.


Limit of a Loan

Maximum limit is 50 Million US Dollars for an investment project.


Lending Ratio for an Investment

Maximum lending ratio is 75% of the gross total investment for an investment project. Required equity ratio is 15% for renewable energy projects and 25% for energy efficiency projects.


Maturity

The maturity is determined by the loan evaluation process.