ICO and Garanti BBVA sign the first agreement to finance with up to 100 million dollars the projects of companies españolas in Turkey

Financing closed Turkey Nov 1, 2025

USD100M

Deal Value

100 MW

Capacity

ICO and Garanti BBVA are financing projects of Spanish companies in Turkey with up to $100 million.

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Counterparts (2)

Investor

Garanti BBVA is a financial institution that provides banking services and participates in project finance. They are involved in financing infrastructure projects across various sectors.

Developer

ICO (Instituto de Credito Oficial)

company · 1 deals

Instituto de Crédito Oficial (ICO) is a corporate state-owned entity attached to the Ministry of Economic Affairs and Digital Transformation in Spain. It provides financing to SMEs and large investment projects, promoting sustainable economic growth.

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Timeline

Announced

Nov 1, 2025

Signed

Closed

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