This document summarizes a joint venture between a Belgian environmental group and a Turkish construction group to build a 250 MW wind farm in Turkey. The wind farm will use cutting edge technology from Gamesa and be built in two stages, with 125 MW by early 2015 and the remaining 125 MW by late 2016. It is expected to avoid significant carbon emissions and gas consumption while creating jobs and tax revenue for the local economy. The project aims to meet high environmental standards and include community consultation and support for social projects.

2. Joint Venture
between
the environmental arm of
the Saffelberg group, Belgium
and
investment-construction group,
leader in Turkey
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Thermal: 1270MW realised or co-realised
Hydro: 765 MW realised
Geothermal: 48 MW realised, 162 MW in progress
5 Wind farms for 253MW realised + 70MW by 2013

3. The Project
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250 MW wind farm, 780 GWh/year
Cutting-edge technology Gamesa G125-4.5MW
56 wind turbines in 2 stages
Connection and construction permit obtained
Mandate letter signed with ERBD and IFC
125MW by beginning 2015
125MW by end 2016

4. The location

5. Environmental Impact
• Avoiding the emission of 688,216.4 T of CO2
per year
• Avoiding the consumption of an equivalent of
477 mln m3 of (imported) gas
• Highest environmental standards

6. Commitment to Community
• Full support of local communities and
republican authorities
• Integration into the strategy for the
sustainable development of the district
• Public consultation by international standards
• 350 000 € at full operation for economic and
social projects (focus on self-supporting
projects), of which 50 000 € in 2013.

7. Economic and Social Impact
• 220 direct and indirect jobs during
construction (until end 2016), including
nacelle assembly (local content)
• 50 permanent jobs during operations (>2030)
• By 2030 95 mln € of profit taxes and 235 mln €
of VAT

8. Thank you for your attention