SAM signs agreement with Worldbank/IFC for Turkish Market, December 2010

Both Worldbank/IFC and SAM have shown a strong interest in the renewable energy business in the Turkish Market over several years. SAM has been strongly involved in the development of a geothermal project in Turkey and is one of the driving forces for a risk coverage program for geothermal investments.

To strengthen the focus and further support investments in the geothermal business Worldbank/IFC and SAM have signed a Consulting Agreement for a Market Mapping of Geothermal Business in Turkey.