ING Finansal Kiralama A.S. (ING Leasing) has secured a senior unsecured loan of up to €5 million ($5.6 million) under the Green Economy Financing Facility Turkiye (GEFF) from the European Bank for Reconstruction and Development (EBRD).
The funds will be used to finance eligible sub-projects selected based on technical, financial, and environmental eligibility criteria as per the GEFF Türkiye Policy Statement.
The loan will be the EBRD’s first transaction with INGL, enabling the company to finance green economy investments in energy efficiency, renewable energy, and climate resilience.
The project is expected to promote the transition to environmentally sustainable, low-carbon, and climate-resilient economies in Turkey, contributing toward INGL’s corporate climate governance practices.
The project will be supported by a Technical Cooperation package funded by the Clean Technology Fund, the Türkiye-EBRD Cooperation Fund, and potentially other bilateral donors.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
 has granted a senior unsecured loan of up to EUR 5 million to ING Leasing, enabling the Turkish company to finance green economy investments of its lessees in energy efficiency, renewable energy, and climate resilience. The loan, under the Green Economy Financing Facility Turkey, will promote environmentally sustainable, low-carbon and climate-resilient economies in Turkey while contributing to INGL's corporate climate governance practices. The project will also benefit from technical cooperation and grant financing from several funding sources.){kind=link}