April 24, 2026
ISTANBUL — QNB Türkiye has extended a $33 million loan to Altınmarka Group to finance its solar energy investments, marking another step in supporting corporate renewable energy transitions.
According to the announcement, the financing will be used to fund solar power plants (GES) developed by Altınmarka to meet its own electricity consumption needs.
Supporting Renewable Energy Transition
The loan is part of QNB Türkiye’s broader strategy to back low-carbon and sustainable projects. The bank emphasized that such financing plays a key role in helping companies transition toward cleaner energy while improving long-term competitiveness.
The agreement between the two parties was signed on April 22, 2026, formalizing the collaboration.
Strategic Importance for Altınmarka
With the funding, Altınmarka aims to:
- Cover its operational energy needs through renewable sources
- Reduce exposure to fluctuating energy costs
- Strengthen its sustainability and long-term growth strategy
Company representatives noted that increasing the use of clean energy is a key component of their broader transformation roadmap.
Industry Context
The deal reflects a growing trend in Turkey where banks are increasingly financing renewable energy projects, particularly self-consumption solar investments by industrial firms. These projects not only support environmental goals but also enhance cost efficiency and energy security.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök