Osmangazi Elektrik Dağıtım AŞ (“OEDAŞ”), an electric distribution company operating in five cities (namely, Eskişehir, Afyon, Uşak, Kütahya and Bilecik) and a wholly owned subsidiary of Zorlu Enerji, has signed project finance agreements with the lenders, European Bank for Reconstruction and Development (“EBRD”), International Finance Corporation (“IFC”), Nederlandse Financierings Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”) and certain Turkish banks for an amount of TL equivalent of USD 330 million. Read more
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