WASHINGTON, February 28, 2020 - The World Bank’s Board of Executive Directors today approved the following project:
Turkey Renewable Energy Integration Project - Additional Financing
IBRD Loan: 289,5 million Euro ($ 325 million equivalent)
Terms: IPF with 14 years maturity including 5 years of grace
Project ID: P169143
Project Description: The project will assist the development and strengthening of infrastructure to support the integration of the wind power plants to the transmission grid, and the installation of the submarine power cables to interconnect wind energy locations with other parts of Turkey.
For more information, please visit: http://projects.worldbank.org/en/projects-operations/project-detail/P169143