IJ Global recognizes three energy projects financed by Garanti BBVA
Three energy projects financed by Garanti BBVA were recently presented with three awards by IJ Global, one of the world's leading journals for energy and infrastructure finance. The prestigious magazine recognized the bank for three projects it financed. The Star Refinery project was presented the award for the Oil and Gas Project of the Year in Europe; the Central Anatolian Natural Gas Combined Cycle Plant project (with installed capacity of 853 MW) won the award for the Best Energy Restructuring Project of the Year in Europe; and the Kalyon - YEKA Karapinar Solar Power Plant Project received the award for the Export Finance Agreement of the Year.
Providing financing for major projects in Turkey is one of Garanti BBVA’s priorities, explained the bank’s Investment Banking and Finance Director, Emre Hatem. “We are happy to receive awards in three different categories from IJ Global,” he said.
Garanti BBVA was the Turkish bank that took home the most awards. This recognition of the bank’s efforts to finance projects that contribute to the country’s growth is a source of pride for the bank. “Garanti BBVA will continue to be a leading bank in financing projects that contribute to the development of Turkey and the sustainability of its economy,” Emre Hatem added.