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GKC Partners Advises Borusan EnBW Enerji on USD 120 Million Financing for Wind Power Projects

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White & Case Turkish affiliate GKC Partners has advised Borusan EnBW Enerji on a USD 120 million facility extended by Akbank, the European Bank for Reconstruction and Development, Turkiye Is Bankasi, and Turkiye Sinai Kalkinma Bankasi.

According to GKC Partners, "the financing will be used to construct the 80-megawatt Pelit Wind Power Plant in Sivas and for a 36.3-megawatt capacity increase at the Balabanli Wind Power Plant in Tekirdag, Turkiye."

The GKC Partners team included Partners Guniz Gokce, Sebastian Buss, and Ates Turnaoglu and Associates Aybike Iplikci, Kaan Alkan, Sertac Yuksel, and Deniz Alkan.

GKC Partners did not respond to our inquiry on the matter.

Editor's Note: After this article was published, A&O Shearman and its Turkish affiliate law firm of Gedik & Eraksoy announced that they advised the lenders. The Gedik & Eraksoy team included Partner Umut Gurgey, Senior Associate Dilsah Gurses Erulutekin, and Associate Melis iılmaz Diler.