Project Notice |
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| PNR | 67637 |
| Project Name | Migros Renewable Energy |
| Project Detail | Location: Türkiye Project number: 55390 Business sector: Agribusiness Notice type: Private Environmental category: B Approval date: 22 Oct 2024 Status: Signed English-language PSD published: 17 Jan 2025 The proposed transaction involves provision of up to EUR 100 million (of which EUR 60 million uncommitted) senior unsecured loan (the "Loan") consisting of: (i) EBRD finance of EUR 94 million and (ii) Clean Technology Fund finance of USD 6.5 million. The Loan will be used to finance Migross 2024/25 capex programme. Project Objectives The proposed transaction will enable the Borrower to finance its capex programme in Türkiye, including: i) investments into new store openings across the country and refurbishments of existing stores; and ii) renewable energy investments (the "Project"). |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Energy & Power |
| Country | Turkey , Asia |
| Project Value | TRY 100,310,986 |
Contact Information |
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| Company Name | MIGROS TICARET AS |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/55390.html |
