QNB Leasing Signs Collaboration Protocol with Escon Energy

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QNB Leasing Signs Collaboration Protocol with Escon Energy

A protocol of cooperation has been signed between QNB Leasing and ESCON Energy within the framework of the establishment and financing of energy efficiency, energy transformation, and energy recovery projects. The protocol aims to reduce energy costs and emissions for all businesses. The signing ceremony held at the Crystal Tower was attended by Osman Taş, General Manager of QNB Leasing, and Onur Ünlü, CEO of ESCON Energy.

SIGNING OF THE PROTOCOL
Osman Taş, General Manager of QNB Leasing, stated that they would provide the necessary support under the specific conditions set forth in the signed protocol, saying, “As QNB Leasing, we finance all equipment investments required for renewable energy and energy efficiency projects. To date, we have supported various energy efficiency and water management projects alongside approximately 500 MW of renewable energy investment. Considering the importance of sustainability and climate change, renewable energy sources and energy efficiency will continue to be our top agenda items in the coming years within the energy sector. In parallel with EU regulations, we prioritize investments that reduce greenhouse gas emissions and protect the environment. We hope that this collaboration we are undertaking for the financing of energy efficiency, energy transformation, and energy recovery projects will bring good results for businesses and our country.”

Onur Ünlü, CEO of ESCON Energy, highlighted that they provide a single point of service in the process of energy efficiency transformation and the procurement of energy from renewable sources as Turkey's first and only global energy service company. He stated, “Businesses can face financing issues when implementing energy projects. However, with Energy Performance Contracts (EPS), it is possible for them to carry out energy efficiency projects without touching their capital, without using loans, meaning they can do this with a zero budget. As the company that executes the most EPS in Turkey, we provide significant contributions to businesses in this field. With the protocol we signed with QNB Leasing to facilitate the financing of EPS projects, we will pave the way for more projects and support the green transformation processes of businesses with our performance-guaranteed solutions. We will also continue our efforts with determination to contribute to the widespread adoption of EPS in our country and the targeted reduction of 100 million tons of emissions as outlined in the 2024-2030 National Energy Efficiency Action Plan.”