"Paksoy Advises on Landmark USD 340 Million Sustainability-Linked Financing for Enerjisa in Turkiye"

"Paksoy advised a lender syndicate, including IFC, AIIB, FMO, and the Green for Growth Fund, on a TRY-equivalent USD 340 million sustainability-linked financing for Enerjisa. The funds will modernize electricity infrastructure across 14 cities, support earthquake-affected regions, and expand Enerjisa's electric vehicle charging network. This marks the first sustainability-linked financing in Turkiye's electricity distribution sector."

Paksoy advised a lender syndicate including the International Finance Corporation, the Asian Infrastructure Investment Bank, FMO, and the Green for Growth Fund on a TRY-equivalent USD 340 million financing for Enerjisa. The transaction, which is the first sustainability-linked financing in Turkiye’s electricity distribution sector, aims to support the strengthening and modernization of electricity infrastructure across 14 cities served by Enerjisa’s distribution companies Ayedas, Baskent Edas, and Toroslar Edas. Additionally, the financing will fund network investments in earthquake-affected regions and the expansion of E-Sarj, Enerjisa’s electric-vehicle charging network. The Paksoy team included Partner Sera Somay, Counsel Zekican Samli, and Associate Muhammed Tosun.

"Paksoy Advises on Landmark USD 340 Million Sustainability-Linked Financing for Enerjisa in Turkiye"

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