The European Bank for Reconstruction and Development ( plc ) , International Finance Corporation ( IFC ) , and the Dutch Development Bank ( FMO ) will form a consortium to build an electricity distribution network in Western Anatolia 's Osmangazi region . In total , the institutions have pledged $ 330 m , including $ 110 m from the EBRD , $ 65 m from FMO and a $ 80 million loan from the IFO . The infrastructure will provide electricity to about 2.7 million households .
The European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), and the Dutch Development Bank (FMO) will form a partnership to finance an electricity distribution network in Western Anatolia's Osmangazi region. In total, the institutions have pledged $330m, including $110m from the EBRD, $65m from FMO and a $80m loan from the IFO. The network should provide electricity to about 2.7 million people.