While establishing business partnerships with municipalities in the installations of Solar Power Plant, Wind Power Plant, Geothermal Power Plants and Biomass Power Plants, Vakıf Participation also finances smart city projects of municipalities.
İkram Göktaş, General Manager of Vakıf Participation, said, "We plan to provide a total of TL 600 million in green energy investment support to 50 municipalities in the field of renewable energy in the upcoming period. With this investment in national energy resources, we will have provided 40 thousand households with energy."
Breathing a new life into the financial sector by combining the sharing culture of foundations and the power of the public, Vakıf Participation continues to support activities that will add value to the national economy. In order to support the reduction of Turkey's current account deficit in energy and the economic empowerment of municipalities, Vakıf Participation finances smart city projects as well as realizing business partnerships with municipalities in renewable energy projects such as Solar Power Plant, Wind Power Plant, Geothermal Power Plants and Biomass Power Plants.
Vakıf Participation, which initially provided support to more than 10 municipalities regarding the Solar Energy Power Plant Project, also provides financial resources for the smart city work of municipalities in the fields of parking, transportation, agriculture, health services and waste management.
“We aim to provide 40 thousand households with clean energy”
İkram Göktaş, General Manager of Vakıf Participation, who made a statement on the subject, said:
“Our country is very rich in the diversity and potential of renewable energy sources. The correct and effective use of these energy resources contributes both to the protection of the environment and to the economic development of our municipalities and our country. As Vakıf Participation, we have started to support smart city projects with the investments that our municipalities will make in renewable energy sources based on our vision of supporting the national economy. The parks and gardens of the municipalities we cooperate with are now being lit up with clean energy. We are very happy with the results we have obtained.
Of course, we want to further expand the work we will do in this field in the upcoming period. We plan to provide a total of TL 600 million in green energy investment support to 50 municipalities in the field of renewable energy. With this investment in national energy resources, we will have provided 40 thousand households with energy. We will continue to be the biggest supporter of all applications and work that will support the development of our country.”