Paksoy and SZA Schilling, Zutt & Anschutz have advised Germany's DZ Bank AG on providing EUR 20 million in financing to Galata Wind Enerji for the development of the Taspinar Wind Energy Power Plant. Cetinkaya Taktak Semiz Baltali Yorukoglu advised the borrower.
According to SZA, the financing will be used for the purchase and installation of fourteen N149/4.0-4.5 Megawatt Nordex wind turbine generators for the plant located in Bursa province.
According to Paksoy, the Taspinar Plant is the largest power plant developed by Borsa Istanbul-listed Galata Wind.
Paksoy's team was led by Partner Sera Somay and Senior Associate Soner Dagli.
The SZA Schilling, Zutt & Anschutz team was led by Partner Dietrich Stiller.
CCAO's team was led by Partner Candemir Baltali and included Associates Ceren Yapici and Elif Naz Uzman.