Deals

Completion Date
July 2009

Transaction Type
Project Finance

Transaction Value
€23 million

Lead Partner
Okan Altug
Telephone +90 212 370 60 60

Background
Daruma Corporate Finance acted as sole advisor to Nisan Enerji in arranging €23.0 million bridge finance for financing HPP projects.
Nisan Enerji is the owner of a group of Hydroelectric Power Plant (HPP) projects with total installed capacity of 111 MW.

What Difference Did We Make?
The transaction was structured by Daruma by considering financing needs of Nisan Enerji. Daruma's contribution as an advisor for arranging bridge finance to Nisan Enerji for financing their hydroelectric power plant projects portfolio in Turkey enabled the client to facilitate the investments in more proper and flexible manner.