Our company signed a loan agreement with the European Bank for Reconstruction and Development (EBRD) on 24 June 2024 for a total of 25 million Euros with a 5-year maturity, including a 2-year grace period for principal repayment.
This loan agreement will be the first long-term funding source provided by the EBRD to a cement company in Turkey. The proceeds from the loan will be used to finance our solar power plant, waste heat recovery plant and in other energy and efficiency investments in our Eskişehir plant within the scope of our target to achieve net-zero emissions in greenhouse gas emissions by 2050.
In case of a discrepancy between the Turkish and English versions of this public disclosure statement, Turkish version shall prevail.
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