September 19, 2018 / 5:55 AM / a month ago

Turkey's Akfen says to build 13 wind and solar power plants worth $530 million

ISTANBUL (Reuters) - Turkey’s Akfen Renewable Energy is to build 13 wind and solar power plants with a total investment of $530 million, Akfen said on Wednesday.

In a written statement it said it would provide $167 million of the investment from its own resources with the remaining $363 million provided by a loan from six Turkish and foreign banks: EBRD, Isbank, Vakifbank, Garanti Bank, Yapi Kredi Bank and KfW IPEX-Bank.

Reporting by Ebru Tuncay; Editing by Daren Butler

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