Enerjisa Üretim Wind Projects to Add 250 MW of Clean Energy Capacity With FMO and DEG Support

Enerjisa Üretim Wind Projects to Add 250 MW of Clean Energy Capacity With FMO and DEG Support

(IN BRIEF) FMO has committed a USD 100 million loan to Enerjisa Üretim to support the development of three wind power plants in Türkiye’s Muğla province. The financing is part of a broader USD 180 million package under the Friendship Facility, with FMO acting as Lead Arranger and DEG contributing USD 80 million. The three wind farms — Gaia, Falp and Artuna — will have a combined capacity of 250 MW and are expected to become operational in 2026. Once operational, they are projected to generate around 630 GWh of clean electricity annually by 2027 and avoid approximately 221,000 tonnes of CO₂ emissions each year. The transaction provides Enerjisa Üretim with long-term hard currency financing over an eight-year tenor, while helping mobilise additional capital. FMO also expects to attract up to USD 25 million from institutional investors. The projects support Türkiye’s renewable energy targets, energy security and transition toward a lower-carbon energy system.

(PRESS RELEASE) THE HAGUE, 13-Jul-2026 — /EuropaWire/ — FMO, the Dutch entrepreneurial development bank, has committed a USD 100 million loan to Enerjisa Üretim to support the development of three wind power plants in Türkiye’s Muğla province.

The financing forms part of a wider USD 180 million package structured under the Friendship Facility. FMO is acting as Lead Arranger, while DEG, the German development finance institution, is contributing USD 80 million.

Enerjisa Üretim, one of Türkiye’s leading independent power producers, is owned by Sabancı Holding and E.ON. The funding will support three wind farms with a combined capacity of 250 MW: Gaia with 83 MW, Falp with 75 MW and Artuna with 92 MW.

The projects are expected to become operational in 2026 and will contribute to Türkiye’s renewable energy targets, while supporting the country’s transition toward a lower-carbon power system.

Idil Kural, Chief Finance and Operations Officer at FMO, said the financing reflects the bank’s commitment to accelerating Türkiye’s energy transition through long-term hard currency funding and the mobilisation of additional capital.

“Projects like these contribute not only to reducing carbon emissions, but also to strengthening energy security and supporting sustainable economic growth in the country,” said Kural.

She added that FMO values its partnership with Enerjisa Üretim and the company’s commitment to expanding renewable energy capacity, noting that strong private sector leadership can help accelerate the energy transition and deliver impact at scale.

The financing provides long-term funding with an eight-year tenor, addressing a need for hard currency financing that remains limited in the local market. It also helps bridge the financing gap for the projects and supports further capital mobilisation through partnerships.

In addition to DEG’s participation, FMO expects to mobilise up to USD 25 million in further capital from institutional investors.

Enerjisa Üretim has been active in Türkiye’s power sector for nearly 30 years and operates a diversified portfolio of renewable and thermal energy assets.

The company aims to increase the share of domestic and renewable sources in its installed capacity to 70% by 2030, up from approximately 63% in 2025. This strategy is intended to support a more flexible and resilient portfolio while contributing to Türkiye’s energy transition and security of supply.

Once operational, the Gaia, Falp and Artuna wind projects are expected to add 250 MW of renewable energy capacity to the grid. By 2027, the projects are expected to generate approximately 630 GWh of clean electricity annually and avoid around 221,000 tonnes of CO₂ emissions per year.

Media Contact:

Monica Beek
+31 6 46637868
M.Beek@fmo.nl

Paul Helsloot
+31 6 18 47 96 55
P.Helsloot@fmo.nl

SOURCE: FMO