• TurSEFF
    TurSEFF The Sustainable Energy Financing Facilities
  • TurSEFF
    TurSEFF The Sustainable Energy Financing Facilities
  • TurSEFF
    TurSEFF The Sustainable Energy Financing Facilities
  • TurSEFF
    TurSEFF The Sustainable Energy Financing Facilities
  • TurSEFF
    TurSEFF Türkiye Sürdürülebilir Enerji Finansman Programı
  • TurSEFF
    TurSEFF Türkiye Sürdürülebilir Enerji Finansman Programı

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EXPRESS REQUEST
Is your project either on Energy Efficiency or a Renewable Energy Project?
Yes No
What is the size of your project?
< 250.000 EUR
> 250.000 EUR

Industrial Energy Efficiency Projects

Large scale projects in industrial clients must comply with the following:

  • an Energy Saving Ratio equal or greater than 20%, or a reduction of greenhouse gases emissions measured equal or greater than 20%, and;
  • The minimum Internal Rate of Return (IRR), calculated only from the financial value of the potential energy savings must exceed 7%

Capacity expansion of existing production facilities is eligible if existing equipment is replaced with that of higher capacity with the following conditions;

  • the capacity expansion should be less than double the current capacity and;
  • the energy consumption per unit of output is reduced as compared to a baseline as a result of such replacement.

On exceptional basis and with EBRD approval, the Borrowers may finance capacity expansions beyond double the current capacity, but the amount of Sub-loan eligible for financing from the Facility will be limited as follows:

  • 2 x pre-investment production capacity
  • Investment Cost of the Sub-project


Energy efficiency projects for commercial buildings

Large scale projects in commercial buildings must comply with the following:

  • an Energy Saving Ratio equal or greater than 30%, or a reduction of greenhouse gases emissions measured equal or greater than 30%, and;
  • The minimum Internal Rate of Return (IRR), calculated only from the financial value of the potential energy savings must exceed 7%


Stand Alone Renewable Energy Projects

Large scale renewable energy projects must comply with the following:

  • The maximum installed capacity will be 10 MW.
  • All eligible hydro power and wind power Sub-projects must further meet specific environmental eligibility criteria;
  • Simple pay-back period below 15 years at the time of the approval;
  • A minimum of 1.3 kWh per annum of generated electricity (equivalent) per 1 EUR of Investment Cost;
  • Positive Net Present Value;


Small Scale Energy Efficiency and Renewable Energy Projects

Small scale projects in Energy Efficiency and Renewable Energy must comply with the following:   

  1. Sub-project must consist of the acquisition and installation of equipment, appliances and/or materials (collectively “technology”) listed in the List of Eligible Measures and Equipment (LEME); and
  2. the Sub-loan amount cannot exceed EUR 250,000.


Supplier Loan

Such Sub-loans should meet the following requirements:

  • Sub-loans shall be for the purpose of expansion of the business operations of Energy Efficiency Suppliers which relate to the manufacture, supply or installation of energy efficiency and renewable energy technologies that achieve the minimum performance requirements as per the LEME.
  • Sub-loans under this sub-category will support investments of permanent nature such as Capex or machinery upgrade. Investments related to Best Available Technologies (BAT) for energy efficiency will be prioritised.


Vendor Loan

Such Sub-loans should meet the following requirements:

  • The financed equipment is eligible under LEME;
  • No individual invoice should exceed EUR 250,000.
  • advantageous conditions (not normally offered on the market) are made available to SMEs as final beneficiaries
  • Sharing with the final beneficiary awareness raising materials (e.g. leaflets)
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Is the equipment you are investing in eligible for TurSEFF?
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