NEXI signs MOC with Çalık Enerji San. ve Tic. A.Ş. and Mitsubishi Corporation

Nippon Export and Investment Insurance (NEXI; Chairman and CEO: Atsuo Kuroda) has concluded a memorandum of cooperation (MOC) with Çalık Enerji San. ve Tic. A.Ş.(Calik) and Mitsubishi Corporation (MC).

The MOC, which is in line with NEXI’s LEAD Initiative, mainly aims to expand business opportunities for Japanese companies in EPC related and Digital Transformation (DX) projects, supporting business development in the renewable energy sector in Turkey, Middle East, Central Asia, Caucasus, Balkans, and Africa, and strengthening tripartite partnership and collaboration that will contribute to the national interests of Turkey and Japan.

Based on the MOC, NEXI’s insurance covered loan to Calik, an energy and infrastructure company in Turkey, in which MC invests, is under discussion.

Through advancing NEXI’s LEAD initiative and by establishing partnerships with foreign governments and companies, NEXI continues to actively support Japanese companies to expand their business overseas.

＜Key points of the MOC＞

• 1.Expanding opportunities for collaboration with Japanese companies in EPC-related projects and DX projects
• 2.Support business development and realizing renewable energy projects in Turkey, the Middle East, Central Asia, Caucasus, Balkans, and Africa.
• 3.Strengthening partnerships and collaboration between MC, Calik, and NEXI that contribute to the national interests of Turkey and Japan.
• 4. Consideration of NEXI’s insurance covered loan to Calik.

＜Overview of Calik＞

Calik Enerji is a leading diversified energy company engaged in engineering, procurement and construction of energy generation and infrastructure projects, electricity distribution & retail and renewable energy generation investment businesses across Türkiye, Central Asia, Middle East, Africa and Eastern Europe regions.

＜Overview of MC＞

Mitsubishi Corporation engages in a wide range of businesses spanning multiple industries and overseen by its Industry DX Group, Next-Generation Energy Business Group and 10 Business Groups: Natural Gas, Industrial Materials, Chemicals Solution, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development.

Contact
Power Group, Structured and Trade Finance Insurance Department
Tel: +81-3-3512-7340