Çakmak represented Yıldızlar Group on its EUR 96.5 million loan from KfW IPEX-Bank

12/01/2024

Çakmak is pleased to have represented a significant transaction for Yıldızlar Group on its EUR 96.5 million Euler Hermes-covered loan from KfW IPEX-Bank, aiming to finance the capacity expansion of the Gülpınar Wind Power Project. The expansion will result in the Gülpınar Wind Power Plant Project becoming Turkey’s fifth-largest wind power plant and boosting investments in Türkiye’s renewable energy sector.

The Çakmak team was led by partner Mustafa Durakoğlu and included associates Selin Erten Yaşar, Yiğit Anıl Tarman, and Elsu Doğa İncesu.

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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.