Solar Energy

Actis Secures IFC, Proparco Investment for Ulug Enerji Grid Upgrades

Jul 25, 2026 - 10:00
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Actis Secures IFC, Proparco Investment for Ulug Enerji Grid Upgrades

Actis announced that the IFC and Proparco will acquire minority stakes in Türkiye's Uluğ Enerji while Actis retains majority ownership. This investment marks a milestone for development finance institutions in Turkish electricity distribution, supporting Uluğ Enerji’s growth and infrastructure modernization plans for 2026-2030, with a focus on sustainability.

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