Financial leasing in renewable energy projects in Turkey: suitable alternative for financiers?

Financial leasing in renewable energy projects in Turkey: suitable alternative for financiers?

Turkey's first Financial Leasing Law No 3226 (the "FLL") was published in the Official Gazette on 28 June 1985 and was lastly amended on 21 February 2001. A new draft FLL (the "Draft FLL") was submitted to the Grand Assembly of the Turkish Parliament and was expected to be e...

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Bibliographic Details
Published in:Law and Financial Markets Review Vol. 5; no. 1; pp. 33 - 36
Main Authors: Bezen, Yeşim, Aslan, Banu
Format: Journal Article
Language:English
Published: Routledge 01-01-2011
Online Access:Get full text
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Summary:Turkey's first Financial Leasing Law No 3226 (the "FLL") was published in the Official Gazette on 28 June 1985 and was lastly amended on 21 February 2001. A new draft FLL (the "Draft FLL") was submitted to the Grand Assembly of the Turkish Parliament and was expected to be enacted in 2009. However, the Draft FLL is still pending before the Plan and Budget Commission of the Turkish Parliament and no timescale has yet been made public in terms of its enactment. Against that background, this article examines the role of financial leasing in renewable energy projects in Turkey.
ISSN:1752-1440
1752-1459
DOI:10.5235/175214411794390075