Çakmak represented the European Bank for Reconstruction and Development (EBRD) in its EUR 25 million loan to Çimsa.

26/06/2024

We are proud to have represented The European Bank for Reconstruction and Development (EBRD) in a EUR 25 million financing to Çimsa, a subsidiary of Sabanci Holding. This transaction aims to support Çimsa’s solar power plant and waste heat recovery investments as well as other energy efficiency investments in connection with its cement factory located at Eskişehir, Türkiye.

The Çakmak team was led by partners Devrim Ergun and Gökhan Okan and included counsels Aslı Pabuççuoğlu and Nazlı Başak Ayık, together with associates Yiğit Anıl Tarman and Pınar Bölükbaşıoğlu.

We congratulate the parties on this successful transaction.

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We have learned that some malicious people have recently been demanding money via phone using the name and address of Çakmak Attorney Partnership and some lawyer names, threatening that they have debts and that enforcement proceedings will be initiated against them if they do not pay to the account number provided.

Our Attorney Partnership does not call anyone with the threat of enforcement proceedings and the request for payment of money, and does not share any account information.

We kindly request that you do not heed such requests and calls made to you.

We present it for your information.