European Bank for Reconstruction and Development (EBRD) has acquired 5.92% shares in Biotrend Çevre ve Enerji Yatırımları A.Ş. (Biotrend), a waste-to-energy firm which was listed on Borsa Istanbul since April 2021, from Doğanlar Yatırım Holding A.Ş. for USD 20 million.

Paksoy is pleased to announce that a team led by Elvan Aziz (partner) together with Simge Şengün (associate) advised EBRD on this transaction, alongside K&L Gates LLP acting as global counsel. In addition, our capital markets team led by Omer Collak (partner) together with Ökkeş Şahan (counsel) and our banking and finance team led by Sera Somay (partner) together with Soner Dağlı (senior associate) provided assistance to EBRD on the related matters of this transaction.

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