Editorial Details

Editorial

05 Dec 2014 Financing for 950MW CCGT Power Station, Kirikkale, Turkey

Financing for 950 MW CCGT Power Station, Kirikkale, Turkey - The Kirikkale IPP is one of the largest power projects in Turkey in recent years. ACWA of Saudi Arabia is a sponsor and EBRD and KEXIM were amongst the lending group. (Norton Rose Fulbright advised the Debt Providers).

Financial Centre: London
Law Firm: Norton Rose Fulbright
Lawyer: Charles Whitney

Practice Area: Infrastructure and Project Finance
Classification: Project Finance
Sub-classification: Power
Industry: Electricity

Advised Party: Debt Provider
Value USD Equiv: 500.01-1000.00M

Project Location : Turkey
Equity Sponsor : Saudi Arabia

COMMENT: "One of the deals of the week given the importance of new power projects for Turkey, a country with a structural need for capacity increase as a result of a growing economy over the next decade."