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

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.