TSKB grants EUR 42 million loan for 4 hydroelectric power plants

Aksam – The Turkish Industrial Development Bank (TSKB), a leading institution for financing renewable energy and environmental projects in Türkiye, has granted a EUR 42 million credit line to Spanish Essentium Group for the construction of four hydroelectric power plants. The Spanish Group acquired Universal Cement last year and announced that they will invest EUR 400 million in Türkiye. The signing ceremony for the loan granted by TSKB for the new hydroelectric power plants was held in Istanbul yesterday. The plants will be built in Giresun, Ardahan, Duzce and Kayseri provinces.