Ak Lease has signed a EUR 50 million loan agreement with Proparco, the French Development finance institution part of AFD Group. The financing provided under the newly signed agreement will be used to finance renewable energy and energy efficiency investments.
Ak Lease continues to strengthen its international funding sources for the financing of sustainable investments. The company has signed a EUR 50 million loan agreement with Proparco. The financing provided under the newly signed agreement will be used to finance renewable energy and energy efficiency investments.
Through its partnerships with international financial institutions, Ak Lease supports the sustainable transformation of the real sector and aims to expand businesses’ access to financing for energy transition and efficiency-focused investments.
“Sustainability is one of the key areas of our financing approach. With the EUR 50 million loan agreement we have signed with Proparco, we are expanding our support for renewable energy and energy efficiency investments. Our partnerships with international financial institutions not only diversify our funding structure but also make a significant contribution to our capacity to finance businesses’ transformation investments. In the coming period, we will continue to develop our sustainable finance activities and international partnerships and contribute to Türkiye’s energy transition and the long-term investment objectives of the real sector.”
Eser Okyay, Ak Lease CEO
“For nearly 20 years, Proparco and Aklease have built a longstanding partnership focused on supporting the Turkish private sector, with a strong emphasis on green investments. As COP31 approaches, taking place in Antalya this November, this partnership highlights the importance of mobilising financial institutions to accelerate the transition towards a more sustainable economy and support businesses in their efforts to address climate change.”
Steven Gardon, Proparco’s Regional Director for Eurasia