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Paksoy Advises EBRD on EUR 80 Million Loan to Ulusoy Un for Renewable Energy Projects

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Paksoy, working with Dentons, has advised EBRD on a EUR 80 million loan to Ulusoy Un to finance its renewable energy projects and energy-efficient capacity expansion in Turkiye.

According to Paksoy, this transaction supports EBRD’s commitment to green financing and bolsters Ulusoy Un’s efforts to enhance its renewable energy portfolio.

In 2019, Paksoy advised on the sale of a majority stake in Ulusoy Elektrik (as reported by CEE Legal Matters on February 14, 2019).

The Paksoy team included Partner Sera Somay, Counsel Zekican Samli, and Associates Batuhan Sevic, Muhammed Kesim, and Irem Sabuncu.