20th February 2020
Shangri-La Bosphorus, Istanbul

Power Finance Deal of the Year

Bereket Enerji Üretim A.Ş
USD 825,500,0001,000 million
17 July 2019
Joint-Lead Managers (JLMs) / Bookrunners:
Turkiye Is bankasi AS
Yapi ve Kredi Bankasi AS
Vakıfbank,
Ziraat Bank
TSKB
Kuveyt Turk
Financial Advisor:
Lydus Partners & Co
Legal Adviser to the Issuer:
GKC Partners
Legal Adviser to the JLMs:
Unsal Avukatlik Burosu


Polat Enerji/Şua Elektrik Üretim A.Ş
USD 32 million cash & USD 13 million equivalent non-cash facility
19/07/2019
26 MW Licensed SPP Amortizing structure due in 2031
Joint-Lead Managers (JLMs) / Bookrunners:
Is Bank
TSKB
Legal Advisor:
Akol Namli & Partners


GURMAT ELEKTRİK ÜRETİM A.Ş
USD 350 million
26.07.2019
Financing of Efe 6, Efe 7 and Efe 8 GPP Projects (97.5 MW) due in 3 January 2031
Joint-Lead Managers (JLMs) / Bookrunners:
Security Agent:
Turkiye Is Bankasi
Lender:
TSKB
EBRD
ICBC
AIIB
Legal Adviser to the Issuer:
Gedik Eraksoy
Allen Overy
Legal Adviser to the JLMs:
Ozok Law Firm


Yatağan Termik Enerji Üretim A.Ş
USD 920 million
17 July 2019
Largest thermal power plant restructuring in Turkey in terms of size in 2019.
Joint-Lead Managers (JLMs) / Bookrunners:
Security Agent: Yapı ve Kredi Bankası A.Ş.
Facility Agent: Türkiye İş Bankası A.Ş.
Financial Advisor:

Lydus Partners & Co
Legal Adviser to the Lender:
Unsal Attorney Partnership
Legal Adviser to the JLMs:
GKC Partners


SOMA Enerji Elektrik Üretim A.Ş.
USD 44mn
August 2019
48MW development phase of the SOMA Wind Farm due in 2027
Joint-Lead Managers (JLMs) / Bookrunners:
Garanti
Bayern LB
Legal Advisors:
Bezen & Partners
BCTG


Boyabat Elektrik Üretim ve Ticaret A.Ş.
US$360.686.044,77 and EUR183.930.449,49 Senior Loan
US$30.473.776,55 and EUR26.906.849,48 Subordinated Loan
June 2019
Joint-Lead Managers (JLMs) / Bookrunners:
Yapi Kredi Bank
Is Bankasi
TSKB
Garanti Bank
Akbank
Legal Advisor:
ASC Law Office


Akfen Yenilenebilir Enerji A.Ş.
US$ 125 million
October 2018
Joint-Lead Managers (JLMs) / Bookrunners:
EBRD
Legal Adviser to the Issuer:
Latham & Watkins
ASC Law Firm


EMBA Elektrik / Shangai Electric Power, Avic
USD 1.381.000.000
29.03.2019
Senior Secured Amortizing Term Loan due in 29 March 2034
Joint-Lead Managers (JLMs) / Bookrunners:
China Development Bank
Bank of China
ICBC
Legal Advisers:
Pekin&Pekin
King&Wood Mallesons

Nokta Yatırım Holding A.Ş./Yılsan Yatırım Holding A.Ş./Karayel Elektrik Üretim A.Ş
75 mn USD
September 2019
75 MW WPP Amortizing Structure finance due in 2029
Joint-Lead Managers (JLMs) / Bookrunners:
TSKB
Hermes
Legal Advisor:
Akol Law


RAMAT NEGEV ENERGY LTD, ASHDOD ENERGY LTD, subsidiaries of EZOTECH ELECTRIC LTD
ILS 113,000,000 (USD 32,000,000)
7 March 2019
Financing of the development of the Ashdod Energy Project and the Ramat Energy Project due in 30 September 2034 / 31 December 2034
Joint-Lead Managers (JLMs) / Bookrunners:
MIZRAHI TEFAHOT BANK LTD
MIZRAHI TEFAHOT TRUST COMPANY LTD
Legal Advisors:
Baker McKenzie
Esin Attorney Partnership