According to the Bank's website, this project finances part of the borrower's investment programme for the years 2019 and 2020 of its three regional electricity distrbution networks: Baskent EDAS, Anadolu Yakasi EDAS, and Toroslar EDAS.
Enerjisa Enerji is one of the leading private utility players in Turkey, listed on the Borsa Istanbul. The Company operates electricity distribution networks and retail electricity supply companies in three regions: Ankara, Asian side of Istanbul and central-southern part of Turkey. It operates as a JV between Haci Omer Sabanci Holding A.S. ("Sabanci Holding") and DD Turkey Holdings S.A.R.L. (fully owned by E.ON SE ("E.ON")), each partner holding 40%. The remaining 20% of shares are in a free float on Borsa Istanbul following an IPO in February 2018. In 2018, the Company distributed 42.4TWh, corresponding to a quarter of the country's total electricity distribution.
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.