CDP and FMO Support is Leasing to Promote Green and Inclusive Finance in Turkey
€100 million from CDP and FMO and up to $50 million from international lenders to support green investments and Turkish businesses
Cassa Depositi e Prestiti (CDP) and FMO, the Dutch entrepreneurial development bank, are supporting İş Finansal Kiralama A.Ş. (İş Leasing), one of Turkey’s leading leasing companies, with a total financing package of $100 million aimed at promoting green and inclusive investments in the country.
The transaction, structured and coordinated by FMO, includes €50 million from CDP and €50 million from FMO, alongside up to $50 million from international lenders. This is İş Leasing’s first syndicated financing facility, enabling the company to diversify its funding sources, establish new relationships with international lenders and strengthen access to long-term capital, expanding its capacity to support business clients across the country.
Specifically, at least 70% of the funds will be allocated to green investments, including renewable energy and energy efficiency projects. The remaining funds will support access to finance for SMEs in rural areas, young entrepreneurs and women-led businesses, as well as economic activities in areas affected by natural disasters.
CDP’s financing will also focus on the agricultural and textile sectors, helping to support employment and local supply chains while strengthening economic and industrial ties between Italy and Turkey.
Through this initiative, CDP, in its capacity as a Financial Institution for International Development Cooperation, is helping to mobilize long-term capital to support the green transition and private sector development in Turkey, fostering more sustainable and inclusive growth.
Carlo Rossotto, Head of International Development Cooperation and International Institutional Relations, commented: “What makes this transaction particularly significant for CDP is its ability to translate long-term financing into concrete investments by Turkish businesses. Through our partnership with İş Leasing, we can reach companies across the country and support their investments in the green transition and strategic sectors such as agriculture and textiles, strengthening production capacity, local supply chains and employment while also reinforcing economic and industrial ties between Turkey and Italy.”
Photo: Official account of COP31 Türkiye
