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Turkey: Efeler 97.6MWE Geothermal Power Plant Expansion Project

SUMMARY

STATUS
Approved
MEMBER
Turkey
SECTOR
Energy
E&S CATEGORY
Category A
PROJECT NUMBER
000260

FINANCING

PROJECT TYPE
Cofinanced
APPROVED FUNDING
USD100 million
FINANCING TYPE
Nonsovereign

TIMELINE

CONCEPT REVIEW
January 21, 2019
APPRAISAL REVIEW/FINAL REVIEW
June 17, 2019
FINANCING APPROVAL
July 11, 2019

OBJECTIVE

The objective is to increase the power generation capacity of renewable geothermal resources.

DESCRIPTION

The Project consists of the construction of three additional geothermal power plant (GPP) units, including their associated production and reinjection wells, pipelines, electricity switchyards and transmission lines.

PROJECT FINANCING

For more information about project financing, please review the project summary.

ENVIRONMENTAL AND SOCIAL INFORMATION

The Gürmat-2 GPP Expansion Project comprising Efe-6, Efe-7 and Efe-8 GPP units will be co-financed with the EBRD and has been prepared in accordance with the EBRD Environmental and Social Policy (EBRD E&S Policy) and the EBRD Performance Requirements (EBRD PRs). The Project is in Category “A", in accordance with the EBRD E&S Policy, due to risks associated with the over-ground network of connecting pipelines, their location near populated areas and agricultural land, cumulative land take of the Company’s geothermal power plants and operational carbon dioxide (CO2) and hydrogen sulfide (H2S) emissions. Indirect, cumulative and induced social impacts related to these risks may affect areas larger than the sites or facilities subject to physical works and planned operations of the Project.

Please review the project summary for additional information.

PROJECT TEAM LEADER

Francisco-Jose Fortuny

Private Sector Operations Specialist

fj.fortuny@aiib.org

BORROWER

Yeşim Erdemir

Project Manager
Gürmat Elektrik Uretim A.Ş.
Republic of Turkey

yerdemir@Güriş.com.tr

IMPLEMENTING ENTITY

N/A

PROJECT DOCUMENTS

CLIENT/COFINANCING PARTNER DOCUMENTS

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