Enerjisa Enerji secures USD 150 million equivalent Turkish lira long-term loan from EBRD
Enerjisa Enerji has secured a long-term loan of USD 150 million equivalent in Turkish lira from the European Bank for Reconstruction and Development (EBRD). The financing will be used to allow modernization and reconstruction investments in the electricity distribution infrastructure of Toroslar EDAŞ—which serves provinces affected by the 2023 earthquakes—and solar power plant projects.
As Turkey’s leading electricity distribution, retail sales, and customer solutions company, Enerjisa Enerji continues to strengthen its investment- and sustainability-focused financing structure. Under the agreement with EBRD, the company has arranged a new five‑year loan worth USD 150 million equivalent in Turkish lira.
The financing will be allocated across two main areas: improving the quality of electricity distribution services provided by Enerjisa Enerji and expanding customer‑oriented renewable energy solutions. This includes the reinforcement and modernization of the electricity distribution infrastructure in the provinces of Adana, Gaziantep, Hatay, Kilis, Osmaniye, and Mersin served by Toroslar EDAŞ—all affected by the 2023 earthquakes.
Another Step in Turkey’s Energy Transformation
The projects supported under the loan aim to accelerate the reconstruction in the Toroslar region, enhance grid reliability and modernization, reduce energy losses, and cut carbon emissions. Through solar power plant projects, the company targets to provide renewable energy solutions to customers and contribute to carbon emission reductions and environmental sustainability.
The agreement was formally signed in a ceremony held at Enerjisa Enerji’s headquarters in Ataşehir, Istanbul. Signing on behalf of Enerjisa were CFO Philipp Ulbrich, Treasury, Risk, Investor Relations and Tax Director Cem Gökmen Gökkaya, and senior finance executives, while representatives from EBRD included Matteo Patrone, Elisabetta Falcetti, Şule Kılıç, and other managers from various EBRD departments.
PINAR: “In the new energy world, not only the source but also the direction is changing. This financing is a sign of Turkey's determination to embrace that new direction.”
Murat Pınar, CEO of Enerjisa Enerji, said:
“Transformation in the global energy ecosystem is not only a technological concept but also an economic and social restructuring. It is no longer enough to look at how much energy you produce; it is crucial how intelligently, efficiently, and sustainably you manage it. This loan agreement with EBRD demonstrates how ready Enerjisa Enerji is to take responsibility in this new energy era and to lead the course of transformation. Our infrastructure investments in Toroslar and our solar power projects will meet not only today’s demands but also tomorrow’s expectations. We believe our collaboration with EBRD—a trusted partner on the international stage—will accelerate our country’s energy transition.”
ULBRICH: “Thanks to our disciplined financial management approach, we continue to earn long-term trust from international financial institutions.”
Philipp Ulbrich, CFO of Enerjisa Enerji, said at the ceremony:
“This long-term financing worth USD 150 million equivalent in Turkish lira is showing that Enerjisa Enerji is able to finance its profitable growth also within a challenging environment. Based on our strong balance sheet, our robust cash flow generating businesses, and our disciplined cost and interest management, Enerjisa Enerji continues to secure the long-term confidence of international financial institutions. Support from a globally respected institution like EBRD is not only a testament to our credibility but also reflects investor interest in the energy transition. The well established partnership with EBRD is strengthening our strategic steps toward sustainable growth.”
PATRONE: “Reliable, sustainable power is fundamental to both human well-being and economic recovery.”
Matteo Patrone, the EBRD’s Vice President for Banking, said: “I have seen firsthand that reconstruction in the Toroslar region is not a short-term task. It requires long-term commitment, clear strategic direction and the kind of trusted partnership that we have with Enerjisa Enerji. Reliable, sustainable power is fundamental to both human well-being and economic recovery.”
The financing will be allocated across two main areas: improving the quality of electricity distribution services provided by Enerjisa Enerji and expanding customer‑oriented renewable energy solutions. This includes the reinforcement and modernization of the electricity distribution infrastructure in the provinces of Adana, Gaziantep, Hatay, Kilis, Osmaniye, and Mersin served by Toroslar EDAŞ—all affected by the 2023 earthquakes.
Another Step in Turkey’s Energy Transformation
The projects supported under the loan aim to accelerate the reconstruction in the Toroslar region, enhance grid reliability and modernization, reduce energy losses, and cut carbon emissions. Through solar power plant projects, the company targets to provide renewable energy solutions to customers and contribute to carbon emission reductions and environmental sustainability.
The agreement was formally signed in a ceremony held at Enerjisa Enerji’s headquarters in Ataşehir, Istanbul. Signing on behalf of Enerjisa were CFO Philipp Ulbrich, Treasury, Risk, Investor Relations and Tax Director Cem Gökmen Gökkaya, and senior finance executives, while representatives from EBRD included Matteo Patrone, Elisabetta Falcetti, Şule Kılıç, and other managers from various EBRD departments.
PINAR: “In the new energy world, not only the source but also the direction is changing. This financing is a sign of Turkey's determination to embrace that new direction.”
Murat Pınar, CEO of Enerjisa Enerji, said:
“Transformation in the global energy ecosystem is not only a technological concept but also an economic and social restructuring. It is no longer enough to look at how much energy you produce; it is crucial how intelligently, efficiently, and sustainably you manage it. This loan agreement with EBRD demonstrates how ready Enerjisa Enerji is to take responsibility in this new energy era and to lead the course of transformation. Our infrastructure investments in Toroslar and our solar power projects will meet not only today’s demands but also tomorrow’s expectations. We believe our collaboration with EBRD—a trusted partner on the international stage—will accelerate our country’s energy transition.”
ULBRICH: “Thanks to our disciplined financial management approach, we continue to earn long-term trust from international financial institutions.”
Philipp Ulbrich, CFO of Enerjisa Enerji, said at the ceremony:
“This long-term financing worth USD 150 million equivalent in Turkish lira is showing that Enerjisa Enerji is able to finance its profitable growth also within a challenging environment. Based on our strong balance sheet, our robust cash flow generating businesses, and our disciplined cost and interest management, Enerjisa Enerji continues to secure the long-term confidence of international financial institutions. Support from a globally respected institution like EBRD is not only a testament to our credibility but also reflects investor interest in the energy transition. The well established partnership with EBRD is strengthening our strategic steps toward sustainable growth.”
PATRONE: “Reliable, sustainable power is fundamental to both human well-being and economic recovery.”
Matteo Patrone, the EBRD’s Vice President for Banking, said: “I have seen firsthand that reconstruction in the Toroslar region is not a short-term task. It requires long-term commitment, clear strategic direction and the kind of trusted partnership that we have with Enerjisa Enerji. Reliable, sustainable power is fundamental to both human well-being and economic recovery.”
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