According to the bank website, the project includes the provision of a senior loan of up to EUR 12.5 million to Tersan Tersanecilik Tasimacilik Sanayi ve Ticaret A.S. (the "Borrower"). The Bank's investment will be used for financing the capital expenditures of the Borrower including the extension of the repair berth and the installation of solar panels (the "Project").
The Project's overall objective is to strengthen the Borrower's competitive position in the maritime vessel maintenance industry in Turkiye, through (i) the growth in the number of vessels being equipped with Ballast Water Management Systems (BWMS) installations and growth in the number of other eco-friendly and efficiency repairs, (ii) cost efficiency improvements and (iii) energy savings achieved via the use of renewable energy sources.
Ahmet Teyfik Paksu
+90 (226) 465 62 00
+90 (226) 465 62 00
Acicesme Mevkii, Bogazici Cad. No:30, Tavsanli, Altinova, 77740, Yalova / Turkiye
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