Yıldızlar Group secured loans from KFW, İşbank and TKYB for WPP

Yıldızlar Group

Yıldızlar Group announced that it has secured a €96.5 million loan from KFW with Hermes guarantee.

Yıldızlar Chairman Müfit Eren informed that the loan will be used to finance the second phase of the 196 megawatt and 250 million euro wind power plant.

İşbank and the Development Investment Bank of Turkey also participated in the financing of the project.

TKYB General Manager İbrahim Öztop reported that the TKYB loan amounted to TL 1.5 billion.

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