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With its investments accelerating electrification, Aksa Elektrik is contributing to Türkiye’s energy supply security and its 2053 net zero emissions target.
Aksa Elektrik was honored with the “Best Local Currency Loan in Central and Eastern Europe” award at the Achievement Awards organized by EMEA Finance, one of the UK’s leading media institutions in financial communications.
According to the company statement, Aksa Elektrik continues to support Türkiye’s energy transformation and decarbonization journey through investments that power the pace of electrification and ensure energy supply security.
At the Achievement Awards ceremony held in London, a syndicated loan worth TRY 4.1 billion, secured with the participation of four banks for grid strengthening and expansion investments by Aksa Elektrik’s distribution companies, was recognized with this prestigious award.
In the statement, Aksa Elektrik CFO Engin İnal emphasized Türkiye’s strong investment potential in grid infrastructure and noted:
"Electricity distribution is inherently a capital-intensive sector. Therefore, access to financing is even more critical for the sustainable growth of industry players. In today’s macroeconomic environment, having a strong and predictable balance sheet has become a key differentiator. The TRY 4.1 billion syndicated loan we signed with the participation of four banks reflects the confidence placed in our company."
Highlighting the positive correlation between electricity consumption and development, İnal added:
"Just as we have done to date, we will continue to invest in infrastructure that supports the prosperity and development of the regions we serve. I would like to thank our four partner banks for their trust and participation in this long-term financing, the distinguished jury for deeming us worthy of this internationally respected award, our valued executive team, our main shareholder Kazancı Holding, and all of my dedicated colleagues."
Under the Aksa Elektrik umbrella, the company provides electricity distribution and retail services to a population of nearly 4 million across 9 cities in the Çoruh and Fırat regions.
İnal also remarked: "To enhance development, prosperity, and customer satisfaction in our service regions, we have invested more than USD 1 billion to date. While expanding and reinforcing our electricity distribution infrastructure through extensive investments, we have also succeeded in managing our balance sheet efficiently."