The Asian Infrastructure Investment Bank ( AIIB ) has approved a Turkish lira-denominated sustainability-linked loan equivalent to US$100 million for Enerjisa Enerji, Türkiye’s largest electricity distribution company.

The financing will support the expansion and modernization of electricity networks across three regions – Ankara, the Asian side of Istanbul, and Toroslar – with the latter receiving particular focus to rebuild infrastructure damaged by the 2023 earthquakes. 

The loan is part of a broader sustainability-linked financing package amounting to US$340 million, which was arranged jointly with the International Finance Corporation, the Netherlands Development Finance Company, and the Green for Growth Fund. By providing long-term financing in Turkish lira, AIIB is helping mitigate foreign-exchange risks and supporting sustainable investment in local grid infrastructure. 

“This financing underscores AIIB’s commitment to advancing our core thematic priorities – green infrastructure, private capital mobilization, and enhanced regional connectivity,” says Najeeb Haider, director-general, project and corporate finance clients department, global, AIIB.

“By providing long-term local-currency funding and structuring the loan around measurable climate and gender targets, we are helping accelerate Türkiye’s energy transition in a financially and socially inclusive way. The project strengthens domestic grid infrastructure, including in earthquake-affected regions, and demonstrates how sustainability-linked instruments can align private-sector participation with national and global development goals.” 

The project aligns with Türkiye’s national priorities and AIIB’s mission to finance “Infrastructure for Tomorrow”. It will enhance the reliability and efficiency of electricity services, support the integration of renewable energy, and expand digital systems such as smart meters and grid automation.

This is AIIB’s second local-currency financing in Türkiye and its third sustainability-linked loan globally.