Credit Programme Renewable Energies
As of: February 2021
Through a long-term credit line worth EUR 30.7 million, which KfW was granting to Türkiye Sınai Kalkınma Bankası (TSKB, a Turkish bank working in the field of the environment and development), the project made a contribution to ensuring an environmentally sound energy supply in Turkey. TSKB used the funds to provide long-term loans to private investors for renewable energy investment projects. The credit line was accompanied by training schemes for TSKB employees, which were designed to give them the skills they need to evaluate investment projects in the field of renewable energies.
State of implementation/results
- Project completed
- Total project volume: €30,716,421 (low interest loan incl. accompanying measure)
- Six financing agreements for renewable energy projects have been concluded
- Training schemes have been carried out