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EBRD invested record €2.7 billion in Turkey in 2025

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The European Bank for Reconstruction and Development (EBRD) said on Wednesday it had invested a record €2.7 billion in Turkey in 2025, making Turkey the bank’s largest country of operations by annual investment volume.

The bank said it invested in 54 projects and that the private sector accounted for 91 percent of its Turkey investment. It said it had invested €2.6 billion in 2024.

Elisabetta Falcetti, the bank’s managing director for Turkey and the Caucasus, said the 2025 portfolio included private-sector financing and support tied to decarbonization, digitalization and human capital along with an ongoing earthquake response.

The bank highlighted a €315 million syndicated loan to Fraport TAV Antalya, which it described as its largest syndicated deal in Turkey in 2025, used to refinance a short-term bridge loan.

It said its response to the February 2023 earthquakes remained a major focus and that total investment for earthquake-affected regions reached €1.6 billion over the last three years. It cited €195 million for wastewater and stormwater projects in southeastern Adıyaman and southern Hatay provinces and €45 million for wastewater facilities in southern Mersin province, which it said faced pressure due to displaced-person inflows.

The bank said 66 percent of its 2025 investment supported Turkey’s transition to a green economy and 61 percent supported equal opportunities for women. It cited a $200 million loan to Enerjisa Enerji Üretim for 250 megawatts of wind power in southwestern Muğla province and said it had launched a third “Türkiye Green Economy Financing Facility” totaling €1 billion after allocating €280 million under earlier phases in 2025.

The bank said it has committed more than €23 billion in Turkey since 2009, largely in the private sector.

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