The Sherpa Signal · 2026-11-13 SECTOR SURGE
2 GW Turkish Solar Project Secures $1.8 bn Financing
Eight lenders back ACWA Power’s latest renewable push
Deal value
$1.77B
Capacity
2000 MW
Country
Türkiye
Announced
2026-11-12
KEY FACTS
TypeFinancing
Value$1.77B
Capacity2000 MW
SectorSolar
CountryTürkiye
Announced2026-11-12
THE PARTIES
Islamic Development BankLender
European Bank for Reconstruction and DevelopmentLender
Société GénéraleLender
Deutsche Investitions-und EntwicklungsgesellschaftLender
Standout 2000 MW Solar project in Türkiye
Sherpa analysis
ACWA Power locks in $1.77 bn from eight international lenders, confirming its strategy to dominate Turkey’s fast-growing solar pipeline. The financing aligns with the country’s aggressive renewable targets and gives the developer a clear cost-advantaged edge, which should lift ACWA Power’s project pipeline visibility and support its listed shares (TADAWUL: 2082).
Parties
- Société Générale (Lender)
- European Bank for Reconstruction and Development (Lender)
- ACWA Power (Developer)
- Standard Chartered (Lender)
- Islamic Development Bank (Lender)
- Deutsche Investitions-und Entwicklungsgesellschaft (Lender)
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The Sherpa Signal highlights one notable infrastructure transaction each day, drawn from the deals we track. Editorial commentary for information only — not investment advice. · Global Infrastructure Sherpa