Enerjisa successfully issued the longest-term bond in Turkey's private sector, valued at 335 million Turkish Lira, to finance new energy projects and enhance market attractiveness.

Target Information

Enerjisa Enerji A.Ş. has successfully executed the longest-term bond issuance in the Turkish private sector on August 1, 2017, through a partnership with Ak Investment. This issuance, valued at 335 million Turkish Lira, is indexed to the consumer price index (CPI) for a five-year term, representing a significant step for Enerjisa in seeking additional financing for new investments. The European Bank for Reconstruction and Development (EBRD) participated in this bond issuance by investing 100 million Turkish Lira (approximately 24 million Euros).

Enerjisa CEO Kıvanç Zaimler emphasized that this milestone in the energy industry contributes to institutionalization, strengthens financial sustainability, and enhances the attractiveness of the sector for investors. He noted that the bond issuance reflects Enerjisa's commitment to transparency and innovation within Turkey's dynamic electricity market.

Industry Overview in Turkey

The Turkish energy sector has been undergoing rapid transformation, marked by significant investments and advancements in technology. Turkey has become a focal point in Europe’s energy landscape, with

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Enerjisa

invested in

Ak Yatırım

in 2017

in a Other deal

Disclosed details

Transaction Size: $88M

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