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Turkey Geothermal Development Project Additional Financing

Development Objective

The Project Development Objective is to scale up private sector investment in geothermal energy development in Turkey.

Key Details

Project Details

  • P172827

  • Active

  • Almudena Mateos Merino , Manuel Berlengiero, Ayse Orucu

  • Turkiye Kalkinma ve Yatirim Bankasi A.S. (TKYB),Turkiye Sinai Kalkinma Bankasi A.S. (TSKB)

  • Turkiye

  • October 25, 2021

  • (as of board presentation)

    December 16, 2021

  • N/A

  • US$ 370.95 million

  • Turkiye Kalkinma ve Yatirim Bankasi A.S. (TKYB),Turkiye Sinai Kalkinma Bankasi A.S. (TSKB)

  • Europe and Central Asia

  • 2022

  • US$ 340.50 million

  • F

  • October 2, 2023

  • December 31, 2027

  • Yes

  • BANK APPROVED

  • P151739

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Energy Sector Management Assistance Program 0.35
International Bank for Reconstruction and Development 300.00
Borrower/Recipient 77.50
Clean Technology Fund 40.15

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 300.00
IDA Commitment N/A
IBRD + IDA Commitment 300.00
Lending Instrument
Grant Amount 40.50
Total Project Cost** 370.95

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.