Environmental and Social Due Diligence: Kilic Aquaculture Turkey
European Bank for Reconstruction & Development (EBRD) and WSP Group - Project Dates:
September 2013 - November 2013
Description of Project:
EBRD has been requested to provide an up-to major loan to Kilic Deniz, a leading vertically integrated aquaculture company in Turkey. Before making a decision concerning funding, EBRD has to be satisfied both that the existing operations of the Company and the proposed capex programme are attaining a standard of environmental and social performance acceptable to the Bank and in compliance with national laws and regulations and the Bank’s Performance Requirements.
Poseidon provided a technical expert to advise on the information to be gathered during the fields work. In addition he reviewed the final products to ensure they met EBRD requirements.