“Low Carbon Economy Transition” theme Tahvil Exporter on behalf of Palen Energy from TSKB
Following the exports of natural gas distribution, food, transportation and health in Turkey, TSKB, which brings its capital markets with its sustainability and UN Sustainable Development Goals-oriented rental certificates and green instruments, continues to cut speed to its journey in this area. Within the framework of the “Low-carbon Economy Transition” theme bonded by TSKB, the source of 250 Million TL was provided to the company.
[[T]]] Onur Aksoy, Director of TSKB Capital Markets, who gives information about export, “The first sustainability and SKA-oriented rental certificates of Turkey as the TSKB Investment Banking, then we are happy to perform “Low Carbon Economy Transition” with success.. With this export, our customer signed a value-added processing in Palen Energy with an amount of 2 years-term 250 million TL, as well as sustainability and green finance. In this period, where the steps in the direction of zero-carbon future in the world have gained speed, we find the goal to provide 65% of the carbon gas release in projects within the scope of the source provided by our customer. We will continue our business partners with innovative processes in the direction of creating resources with the green and sustainable exports channel in capital markets. [
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AboutPalen Energy Gas Distribution Co., Ltd.:
Palen Energy was founded in 2003 to establish natural gas distribution networks in Erzurum province and to perform natural gas distribution by taking over existing facilities. It operates with 30 years of natural gas distribution license from EPDK. The amount of gas in Palen was increased by 3.9% in 2020, increasing 249,8 million cubic meters. The number of subscribers of the company is increased by years, and it is expected to be a subscriber of 150.000 units as of the end of 2021.
