MICROCAPITAL BRIEF: FMO Loans $25m to Aklease to Support Renewable Energy in Turkey

The Netherlands Development Finance Company, a public-private partnership also known by its Dutch acronym FMO, recently loaned USD 25 million to Aklease, a leasing subsidiary of Turkish bank Akbank, to be used for solar energy projects. Through this loan, Aklease aims to increase the “green” portion