EBRD Funds Expansion of Renewable Energy Capacity in Türkiye
Summary
Currently operating 730 MW of renewable capacity, the company will increase its total capacity to 935 MW upon completing the ongoing projects.The wind energy expansion is expected to generate 382 GWh of renewable energy, reducing annual CO2 emissions by 243,000 tonnes. This project not only reduces emissions but also accelerates the countrys climate goals.Borusan EnBW Enerjis General Manager, Enis Amasyali, highlighted the companys commitment to T\xfcrkiyes green transformation, saying, The financing for new onshore wind power plants is a concrete indicator of our commitment. Amasyali also noted the projects role in ensuring energy security, affordability, and combating climate change. Additionally, Borusan EnBW Enerji aims to promote gender equality in the male-dominated energy sector by enhancing equal opportunity policies and increasing womens representation in technical positions.As part of the project, Borusan EnBW Enerji will also implement improved governance and accountability concerning climate-related risks, incorporating a gender lens in its corporate governance practices.Founded 80 years ago, Borusan operates across three continents and 11 countries, creating value in five main sectors, including energy, with more than 14,000 employees. EnBW, one of Germanys largest energy companies, has a workforce of over 28,000 and supplies electricity and gas to around 5.5 million customers.The EBRD remains a key investor in T\xfcrkiye, having invested over 20 billion in more than 450 projects since 2009, primarily in the private sector.