From Dealroom · · 50s
AIIB Lends Türk Eximbank $300M for Green Projects
AIIB provides $300 million to Türk Eximbank for green infrastructure and earthquake recovery.
In brief
AIIB provides $300 million to Türk Eximbank for green infrastructure and earthquake recovery. The Asian Infrastructure Investment Bank lent $300 million to Türkiye İhracat Kredi Bankası for renewable energy projects and businesses affected by 2023 earthquakes. Originally reported by Dealroom.
Loan Details
The Asian Infrastructure Investment Bank issued a $300 million debt package to Türkiye İhracat Kredi Bankası, the country's export credit agency.
Funding Streams
The facility splits into $100 million for private-sector green infrastructure and $200 million for working capital and recovery support for businesses.
Targeted Uses
The green tranche targets renewable power, energy storage, efficiency upgrades, and climate adaptation, with a ring-fenced portion for firms in 11 provinces hit by the 2023 earthquakes.
At a glance
The Asian Infrastructure Investment Bank lent $300 million to Türkiye İhracat Kredi Bankası for renewable energy projects and businesses affected by 2023 earthquakes.
