{"id":1839,"date":"2024-07-04T01:27:28","date_gmt":"2024-07-03T22:27:28","guid":{"rendered":"https:\/\/www.legelaw.com\/?p=1839"},"modified":"2024-07-31T01:31:30","modified_gmt":"2024-07-30T22:31:30","slug":"elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki","status":"publish","type":"post","link":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/","title":{"rendered":"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-one\" style=\"--awb-font-size:36px;\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;font-size:1em;\"><strong>ELEKTR\u0130K P\u0130YASASI D\u00dcZENLEMELER\u0130 A\u00c7ISINDAN PROJE F\u0130NANSMAN S\u00d6ZLE\u015eMELER\u0130NDE ESASLI OLUMSUZ ETK\u0130 <\/strong><\/h1><\/div><div class=\"fusion-separator\" style=\"align-self: flex-start;margin-right:auto;margin-top:20px;margin-bottom:40px;width:100%;max-width:30%;\"><div class=\"fusion-separator-border sep-shadow\" style=\"--awb-height:20px;--awb-amount:20px;background:radial-gradient(ellipse at 50% -50% , var(--awb-color3) 0px, rgba(255, 255, 255, 0) 80%) repeat scroll 0 0 rgba(0, 0, 0, 0);background:-webkit-radial-gradient(ellipse at 50% -50% , var(--awb-color3) 0px, rgba(255, 255, 255, 0) 80%) repeat scroll 0 0 rgba(0, 0, 0, 0);background:-moz-radial-gradient(ellipse at 50% -50% , var(--awb-color3) 0px, rgba(255, 255, 255, 0) 80%) repeat scroll 0 0 rgba(0, 0, 0, 0);background:-o-radial-gradient(ellipse at 50% -50% , var(--awb-color3) 0px, rgba(255, 255, 255, 0) 80%) repeat scroll 0 0 rgba(0, 0, 0, 0);\"><\/div><\/div><div class=\"fusion-text fusion-text-1\"><p>Esasl\u0131 Olumsuz Etki (MAE), bir projenin finansal durumu, operasyonlar\u0131, performans\u0131 veya genel itibariyle ba\u015far\u0131s\u0131 \u00fczerinde \u00f6nemli ve olumsuz bir etkisi olabilecek her t\u00fcrl\u00fc durumu ifade eder. Elektrik sekt\u00f6r\u00fcnde bu, \u00e7e\u015fitli fakt\u00f6rlerden kaynaklanabilir ve proje finansman\u0131 s\u00fcre\u00e7lerinde dikkate al\u0131nmas\u0131 gereken \u00f6nemli bir husustur. Elektrik sekt\u00f6r\u00fc proje finansman\u0131nda esasl\u0131 olumsuz etki, projelerin ba\u015far\u0131s\u0131n\u0131 ve finansman yap\u0131s\u0131n\u0131 \u00f6nemli \u00f6l\u00e7\u00fcde etkileyebilecek bir risk fakt\u00f6r\u00fcd\u00fcr. Bu nedenle, projelerin planlama, finansman ve i\u015fletme a\u015famalar\u0131nda esasl\u0131 olumsuz etki risklerinin etkin bir \u015fekilde y\u00f6netilmesi b\u00fcy\u00fck \u00f6nem ta\u015f\u0131r. Kapsaml\u0131 risk de\u011ferlendirmeleri, esnek finansman yap\u0131lar\u0131 ve koruyucu s\u00f6zle\u015fme h\u00fck\u00fcmleri, bu risklerin y\u00f6netiminde \u00f6nemli ara\u00e7lard\u0131r.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Esasl\u0131 olumsuz etki; s\u00fcrekli bor\u00e7 ili\u015fkisinin ifas\u0131 esnas\u0131nda bor\u00e7 ili\u015fkisinin temelinin \u00e7\u00f6kmemesi ile birlikte proje\/kurumsal finansman kredisi kullanan t\u00fczel ki\u015fi bor\u00e7lu ile bu krediye ba\u011fl\u0131 di\u011fer garant\u00f6rlerin, hukuki ve\/veya mali durumunun, ticari faaliyetlerinin, varl\u0131klar\u0131n\u0131n, teminatlar\u0131n\u0131n veya nakit ak\u0131\u015flar\u0131n\u0131n, s\u00f6zle\u015fmenin ba\u011f\u0131tland\u0131\u011f\u0131 veya taraflar\u0131n kararla\u015ft\u0131rd\u0131\u011f\u0131 tarihteki durumlar\u0131na g\u00f6re k\u0131smen veya tamamen olumsuz bir \u015fekilde etkilenmesine ve bunun sonucunda<\/p>\n<ol>\n<li>a) kredi faiz ve\/veya anapara \u00f6demelerinin aksamas\u0131na yol a\u00e7an,<\/li>\n<li>b) kredi teminatlar\u0131n\u0131n de\u011ferini k\u0131smen veya tamamen olumsuz y\u00f6nde de\u011fi\u015ftiren<\/li>\n<li>c) projenin s\u00f6zle\u015fme tarihindeki verilerinden olumsuz sapma g\u00f6steren, bu kapsamda s\u00f6zle\u015fmenin y\u00fcr\u00fct\u00fclmesini sakatlayan\/ortadan kald\u0131ran ve\/veya s\u00f6zle\u015fmenin y\u00fcr\u00fct\u00fclmesi kredi verene g\u00f6re riske eden olay ve durumlard\u0131r.<\/li>\n<\/ol>\n<p>Esasl\u0131 olumsuz etki yaratan durumlara \u00f6rnek olarak:<\/p>\n<p>1) Bor\u00e7lunun borcunu \u00f6demesi (usule uygun olarak) yetene\u011finin k\u0131smen ya da tamamen sakatlan\u0131p bor\u00e7luya tan\u0131nan d\u00fczeltme s\u00fcresi i\u00e7inde d\u00fczeltilmemesi<\/p>\n<p>2) Bor\u00e7lunun borcunu \u00f6deme yetene\u011finin yan\u0131 s\u0131ra finansman belgelerinin hukuken icra edilebilme yetene\u011finin de k\u0131smen\/tamamen sakatlanmas\u0131<\/p>\n<p>Bu hallerde, bor\u00e7luya tan\u0131nan d\u00fczeltme s\u00fcreleri i\u00e7inde d\u00fczeltilmemesi ya da alacakl\u0131n\u0131n da d\u00fczeltilmeyece\u011fine ili\u015fkin kanaate varmas\u0131 gerekir.<\/p>\n<ul>\n<li>Bor\u00e7lunun y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fc zaman\u0131nda yerine getirmemesi<\/li>\n<li>Zaman\u0131nda yerine getirme riskinin bulunmas\u0131<\/li>\n<li>Finansman belge ve h\u00fck\u00fcmlerinin uygulanmama riskinin bulunmas\u0131<\/li>\n<\/ul>\n<p>NOT: S\u00f6zle\u015fmenin edimleri aras\u0131ndaki dengeyi bozan ola\u011fan\u00fcst\u00fc haller, harp, \u00fclkeyi sarsan ciddi ekonomik krizler, enflasyonda ani ve a\u015f\u0131r\u0131 y\u00fckselmeler, deval\u00fcasyon sonucu para de\u011ferinin \u00f6nemli \u00f6l\u00e7\u00fcde d\u00fc\u015fmesi gibi, s\u00f6zle\u015fmeye ba\u011fl\u0131l\u0131\u011f\u0131n beklenemeyece\u011fi durumlar esasl\u0131 olumsuz etki tan\u0131m\u0131 d\u0131\u015f\u0131ndad\u0131r. (Bu hallerde s\u00f6zle\u015fmenin de\u011fi\u015fen ko\u015fullara uyarlanmas\u0131 talebi imkan\u0131 sakl\u0131d\u0131r.)<\/p>\n<p>M\u00fccbir sebep halleri d\u0131\u015f\u0131nda do\u011frudan do\u011fruya veya dolayl\u0131 olarak tesislerin onaylanm\u0131\u015f yat\u0131r\u0131m\u0131n\u0131\/i\u015fletmesini zorla\u015ft\u0131r\u0131c\u0131, engelleyici,\u00f6nleyici, durdurucu, geciktirici etki yapan veya lisans sahibi t\u00fczel ki\u015finin \u00f6n lisans\/lisans kapsam\u0131ndaki y\u00fck\u00fcml\u00fcl\u00fcklerini yerine getirmesinin s\u00fcresini, maliyetini artt\u0131rma etkisi bulunan t\u00fcm gayretin g\u00f6sterilmesine kar\u015f\u0131n \u00f6nlenemeyecek, giderilemeyecek konular \u00f6n lisans\/lisans sahibi t\u00fczel ki\u015fi i\u00e7in hakl\u0131 nedenlerdendir.<\/p>\n<p>Hakl\u0131 nedenler uygulamada esasl\u0131 olumsuz etki sonucunu do\u011furan \u00f6zellikler ta\u015f\u0131yabilmektedir. Hakl\u0131 nedenler s\u00f6zle\u015fmenin y\u00fcr\u00fct\u00fclmesini sakatlayan bir sonu\u00e7 olarak ortaya \u00e7\u0131kabilmektedir.<\/p>\n<p>\u00d6n lisans\/lisans sahibi t\u00fczel ki\u015fiden kaynaklanmayan hakl\u0131 sebeplere \u00f6rnekler:<\/p>\n<ol>\n<li>a) \u00d6n lisans\/lisans sahibi t\u00fczel ki\u015finin tesis in\u015faat\u0131 ile ilgili olarak kamu kurum ve kurulu\u015flar\u0131n\u0131n herhangi birinin lisans sahibi t\u00fczel ki\u015fi ile aras\u0131ndaki herhangi bir s\u00f6zle\u015fmeden\/mevzuattan do\u011fan y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn\u00fc ihlal etmesi;<\/li>\n<li>b) Kamu kurum veya kurulu\u015fu taraf\u0131ndan yap\u0131lan veya sebep olunan ve lisans sahibi t\u00fczel ki\u015finin lisanstan do\u011fan t\u00fcm hak ve y\u00fck\u00fcml\u00fcl\u00fcklerini eksiksiz olarak kullanmas\u0131n\u0131 ve yerine getirmesini engelleyen i\u015flemler;<\/li>\n<li>c) \u00d6n lisans\/lisans y\u00fcr\u00fcrl\u00fck tarihinde y\u00fcr\u00fcrl\u00fckte bulunan mevzuat h\u00fck\u00fcmlerinde, bu tarihten sonra \u00e7\u0131kar\u0131lan yeni mevzuat h\u00fck\u00fcmleri de d\u00e2hil olmak \u00fczere yap\u0131lan de\u011fi\u015fiklikler;<\/li>\n<\/ol>\n<p>\u00e7) Kamu kurum ve kurulu\u015flar\u0131 veya herhangi bir merkezi veya mahalli resmi makam\u0131n tesislerin; yap\u0131lmas\u0131, finanse edilmesi veya i\u015fletilmesi i\u00e7in kendi tasarruflar\u0131 d\u00e2hilinde bulunan b\u00fct\u00fcn yasal izinleri, haklar\u0131, onaylar\u0131 vermemesi, geciktirmesi, kurulmas\u0131 gereken komisyonlara atama yapmamas\u0131,<\/p>\n<ol>\n<li>d) \u00d6n lisans s\u00fcrecinde al\u0131nan yasal izin onay ve\/veya s\u00f6zle\u015fme ile ba\u011f\u0131tlanan haklar\u0131n lisans tarihinden sonra yap\u0131m s\u00fcresinde idari karar ve uygulamalarla veya yarg\u0131 karar\u0131 ile iptal edilmesi.<\/li>\n<\/ol>\n<p>ESASLI OLUMSUZ ETK\u0130N\u0130N \u00d6ZELL\u0130KLER\u0130<\/p>\n<p><em>\u00a0<\/em><\/p>\n<p>Taraflar: Esasl\u0131 olumsuz etkinin do\u011fmas\u0131 halinde sonu\u00e7lar\u0131na muhatap olan taraf temelde proje sahibi ve kredi bor\u00e7lusu olan t\u00fczel ki\u015fidir. Fakat baz\u0131 hallerde proje finansman\u0131nda projeye \u00f6zg\u00fc durumlar do\u011fabilmekte ve garant\u00f6r gibi farkl\u0131 ki\u015fi veya ki\u015filer de esasl\u0131 olumsuz etkiden etkilenip garanti etti\u011fi konular bak\u0131m\u0131ndan da as\u0131l bor\u00e7lu proje \u015firketi ve banka teminatlar\u0131n\u0131 etkileyebilmektedir.<\/p>\n<p>Elektrik piyasas\u0131 d\u00fczenlemeleri hallerinde lisans sahibi t\u00fczel ki\u015fi oldu\u011fundan as\u0131l bor\u00e7lu, limited veya anonim \u015firket olabilir. E\u011fer kredi konusu proje ve borcun ger\u00e7ek ve\/veya t\u00fczel ki\u015fi garant\u00f6r\u00fc varsa esasl\u0131 olumsuz etkinin sonu\u00e7lar\u0131na bu garant\u00f6rler de taraf olabilmektedir.<\/p>\n<p>\u00d6te yandan esasl\u0131 olumsuz etkinin sonu\u00e7lar\u0131 bak\u0131m\u0131ndan gerekli telafi mekanizmalar\u0131 hayata ge\u00e7irmekle y\u00fck\u00fcml\u00fc olanlar ise projenin finansman\u0131n\u0131 y\u00fck\u00fcmlenen ve borcun alacakl\u0131s\u0131 olan finansman sa\u011flay\u0131c\u0131 kurulu\u015flar, kredit\u00f6rlerdir.<\/p>\n<p>Etkinin faaliyete ve y\u00fck\u00fcml\u00fcl\u00fcklere ili\u015fkin sonu\u00e7lar\u0131: Esasl\u0131 olumsuz etki yaratan olay\u0131n faaliyete etkisinin de\u011ferlendirilmesinde t\u00fczel ki\u015fi bor\u00e7lu ile bu krediye ba\u011fl\u0131 di\u011fer garant\u00f6rlerin, kredi s\u00f6zle\u015fmesi y\u00fcr\u00fcrl\u00fc\u011fe girdikten sonra projenin y\u00fcr\u00fct\u00fclmesi ile ilgili olarak hukuki ve mali durumunun, ticari faaliyetlerinin, varl\u0131klar\u0131n\u0131n veya nakit ak\u0131\u015flar\u0131n\u0131n, s\u00f6zle\u015fmenin imzaland\u0131\u011f\u0131 g\u00fcnk\u00fc durumlar\u0131na g\u00f6re k\u0131smen\/tamamen olumsuz bir \u015fekilde etkilenmesi, bu etkilenmenin alacakl\u0131 kredit\u00f6re kar\u015f\u0131 y\u00fck\u00fcml\u00fcl\u00fcklerin zaman\u0131nda veya kararla\u015ft\u0131r\u0131lan usule uygun yerine getirilmemesi sonucunu do\u011furmas\u0131 veya \u00f6deme g\u00fcc\u00fc ve risklerini etkin \u015fekilde y\u00f6netme yeterlili\u011fi \u00fczerinde olumsuz etki yaratmas\u0131 gerekmektedir.<\/p>\n<p>Unutulmamal\u0131d\u0131r ki, y\u00fck\u00fcml\u00fc taraf\u0131ndan kredit\u00f6re ibraz edilen s\u00f6zle\u015fme tarihinde esasl\u0131 olumsuz etki yaratabilecek hi\u00e7bir olay meydana gelmedi\u011fine dair \u201cOlumsuz Etkinin Bulunmamas\u0131na \u0130li\u015fkin Beyan\u201d al\u0131nmal\u0131d\u0131r. Beyan ayr\u0131 bir belge olarak ya da s\u00f6zle\u015fme maddesi olarak da yer alabilir, beyan ispat niteli\u011fi ta\u015f\u0131r.<\/p>\n<p><em>BOR\u00c7LUNUN TEMERR\u00dcT R\u0130SK\u0130<\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>Elektrik piyasas\u0131nda s\u0131k rastlanan durum talebin d\u00fc\u015fmesi ile sat\u0131\u015f hedeflerine ula\u015f\u0131lamamas\u0131 ve\/veya sat\u0131\u015f fiyatlar\u0131n\u0131n \u00f6n g\u00f6r\u00fclenden d\u00fc\u015f\u00fck ger\u00e7ekle\u015fmesi nedenleri ile beklenen sat\u0131\u015f has\u0131lat\u0131 ve net nakdin ger\u00e7ekle\u015fmemesi veya girdi fiyatlar\u0131ndaki art\u0131\u015f nedeni ile y\u00fck\u00fcml\u00fcn\u00fcn bor\u00e7 servisi kar\u015f\u0131lama oran\u0131n\u0131n d\u00fc\u015fmesi ve bloke hesaptan kredi anapara ve\/veya faizini \u00f6deyememesi durumudur. <\/em><\/p>\n<p><em>Bankan\u0131n\/finans\u00f6r\u00fcn incelemelerine g\u00f6re;<\/em><\/p>\n<p><em>1)bor\u00e7lu \u00fczerinde esasl\u0131 olumsuz etki yapan bir olay\/durum ortaya \u00e7\u0131km\u0131\u015fsa<\/em><\/p>\n<p><em>2) bilan\u00e7oda\/nakit ak\u0131\u015f tablosunda olumsuz geli\u015fmeler meydana gelmi\u015f ise<\/em><\/p>\n<p><em>3)bor\u00e7lunun bor\u00e7luluk oran\u0131 s\u00f6zle\u015fmede tespit edilen oran\u0131n \u00fczerinde artm\u0131\u015f ise, <\/em><\/p>\n<p><em>4)bor\u00e7lunun di\u011fer bankalarla olan kredi ili\u015fkileri sorunlu hale gelmi\u015fse<\/em><\/p>\n<p><em>5)bor\u00e7lu kanuni y\u00fck\u00fcml\u00fcl\u00fcklerini yerine getiremiyorsa <\/em><\/p>\n<p><em>6)bankan\u0131n kanaatine (inceleme konusu yap\u0131larak veri de\u011ferlendirilmesi sonucunda) g\u00f6re bor\u00e7lunun s\u00f6zle\u015fme konusu bor\u00e7lar\u0131n\u0131 ifaya engel bir durum ortaya \u00e7\u0131km\u0131\u015fsa; <\/em><\/p>\n<p><em>bu ve benzeri durumlar\u0131n olu\u015fmas\u0131 temerr\u00fct riski durumu olarak kabul edilmektedir. <\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>\u00d6z kaynak, likidite, k\u00e2rl\u0131l\u0131k, aktif kalitesi, piyasa, makroekonomik g\u00f6stergeler ve sekt\u00f6re y\u00f6nelik mevzuat d\u00fczenlemeleri proje i\u00e7in temerr\u00fct riskine ili\u015fkin ba\u015fl\u0131ca g\u00f6stergelerdir. Elektrik piyasas\u0131nda mevzuat de\u011fi\u015fikli\u011fi ile tavan fiyat azami uzla\u015ft\u0131rma fiyat uygulamalar\u0131 veya yak\u0131t fiyatlar\u0131n\u0131n \u00f6zellikle gaz santrallerinde beklenenden fazla artmas\u0131 bu duruma \u00f6rnek olarak g\u00f6sterilebilir. Burada y\u00fck\u00fcml\u00fcn\u00fcn yak\u0131n izlemeye al\u0131nmas\u0131 beklenir ve temerr\u00fct riskinin \u00fc\u00e7 ayl\u0131k, alt\u0131 ayl\u0131k, y\u0131ll\u0131k veya birka\u00e7 y\u0131ll\u0131k d\u00f6nemde ne \u015fekilde geli\u015fece\u011fine dair \u00e7al\u0131\u015fma yap\u0131l\u0131r.<\/em><\/p>\n<p>TEMERR\u00dcT HAL\u0130<\/p>\n<p>Esasl\u0131 olumsuz etkiye yol a\u00e7an olay ya da durum nedeniyle bor\u00e7lunun\/garant\u00f6r\u00fcn;<\/p>\n<ul>\n<li>Teminat\u0131n\u0131 nakde \u00e7evirmeden bor\u00e7lular\u0131n\u0131n ald\u0131klar\u0131 krediyi geri \u00f6deme olas\u0131l\u0131\u011f\u0131n\u0131n kalmad\u0131\u011f\u0131na veya bulunmad\u0131\u011f\u0131na kanaat getirilmesi,<\/li>\n<li>Kredinin vadesi ge\u00e7ti\u011fi halde doksan g\u00fcn i\u00e7erisinde \u00f6denmemi\u015f olmas\u0131,<\/li>\n<li>D\u00f6nem faizlerinin taraflarca anla\u015f\u0131lan tarihlere kadar \u00f6denmemi\u015f olmas\u0131, durumlar\u0131ndan en az birisinin olu\u015fmas\u0131 temerr\u00fct hali olarak tan\u0131mlanmaktad\u0131r.<\/li>\n<\/ul>\n<p>Temerr\u00fct halinin (temerr\u00fct haline yol a\u00e7an esasl\u0131 olumsuz etkinin) durumuna g\u00f6re kredit\u00f6r d\u00fczeltme ve y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn yerine getirilmesi i\u00e7in ek s\u00fcre verebilir, zira her olay\u0131n y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fcn yerine getirilmesine etkisi ayn\u0131 derecede olmayabilir (HAKKAN\u0130YET)<\/p>\n<p><strong>B\u0130LD\u0130R\u0130M Y\u00dcK\u00dcML\u00dcL\u00dc\u011e\u00dc<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Bor\u00e7lu esasl\u0131 olumsuz etki do\u011furan olay\u0131 ve gerekli t\u00fcm belgeleri, i\u015flemleri, soru\u015fturmalar\u0131 YAZILI olarak derhal kredit\u00f6re ya da kredi temsilcisine bildirmelidir.<\/strong><\/p>\n<p><strong>Garant\u00f6rlerin de bildirim y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc vard\u0131r.<\/strong><\/p>\n<p><strong>ELEKTR\u0130K P\u0130YASASINDA UYGULAMADA KAR\u015eILA\u015eILAN DURUMLAR<\/strong><\/p>\n<p><strong>-Reg\u00fclasyon De\u011fi\u015fiklikleri<\/strong>: Elektrik sekt\u00f6r\u00fc, yo\u011fun bir \u015fekilde d\u00fczenlemelere tabi tutulur. Reg\u00fclasyonlarda meydana gelen ani ve beklenmedik de\u011fi\u015fiklikler, projelerin maliyet yap\u0131s\u0131n\u0131 ve gelir potansiyelini olumsuz etkileyebilir.<\/p>\n<p><strong>-Piyasa Ko\u015fullar\u0131<\/strong>: Elektrik fiyatlar\u0131ndaki dalgalanmalar, arz ve talep dengelerindeki de\u011fi\u015fiklikler veya rekabet ko\u015fullar\u0131ndaki de\u011fi\u015fiklikler, projelerin gelir projeksiyonlar\u0131n\u0131 olumsuz etkileyebilir.<\/p>\n<p><strong>-Teknolojik Riskler<\/strong>: Yeni teknolojilerin ortaya \u00e7\u0131kmas\u0131 veya mevcut teknolojilerin beklenen performans\u0131 g\u00f6stermemesi, projelerin verimlili\u011fini ve maliyet etkinli\u011fini etkileyebilir.<\/p>\n<p><strong>-Finansal Riskler<\/strong>: Faiz oranlar\u0131ndaki de\u011fi\u015fiklikler, d\u00f6viz kuru dalgalanmalar\u0131 ve genel ekonomik ko\u015fullar, projelerin finansman maliyetlerini ve geri \u00f6deme kapasitesini etkileyebilir.<\/p>\n<p><strong>-Operasyonel Riskler<\/strong>: \u0130n\u015faat ve i\u015fletme a\u015famalar\u0131nda kar\u015f\u0131la\u015f\u0131lan zorluklar, proje maliyetlerini art\u0131rabilir veya proje takviminde gecikmelere neden olabilir.<\/p>\n<p><strong>-\u00c7evresel Fakt\u00f6rler<\/strong>: Do\u011fal afetler, iklim de\u011fi\u015fiklikleri veya \u00e7evresel reg\u00fclasyonlara uyum sa\u011flama zorunlulu\u011fu, projelerin operasyonel s\u00fcreklili\u011fini etkileyebilir.<\/p>\n<p>-\u00d6n lisans\/lisans iptaline ili\u015fkin davalar faaliyeti birinci derecede etkiledi\u011fi i\u00e7in \u00f6nemlidir.<\/p>\n<p>-\u00dcretim \u015firketlerinin faaliyetlerinin tamam\u0131n\u0131n veya \u00f6nemli bir k\u0131sm\u0131n\u0131n durmas\u0131<\/p>\n<p>-\u00dcretim \u015firketlerinin herhangi bir sebeple i\u015flerine devam edememesi ve bu durumun belli bir s\u00fcre i\u00e7inde d\u00fczeltilmemi\u015f olmas\u0131<\/p>\n<p>-Proje konusu yat\u0131r\u0131m\u0131n ger\u00e7ekle\u015fmesine\/i\u015fletilmesine esasl\u0131 olumsuz etkisi olan i\u015f\u00e7i, sa\u011fl\u0131k ve g\u00fcvenlik veya \u00e7evresel olay, kaza olmas\u0131 halinde olay\u0131n ger\u00e7ekle\u015fmesinden itibaren belli bir g\u00fcn i\u00e7erisinde detayl\u0131 olarak finans\u00f6re bildirmesi gerekir.<\/p>\n<p>-Garant\u00f6rlerin faaliyetlerini s\u00fcrd\u00fcrmesi i\u00e7in sahip olmas\u0131 gereken (yoklu\u011fu esasl\u0131 olumsuz etki yaratabilecek lisans\/ruhsat\/izin\/onay) belgelerin hi\u00e7 ya da usul\u00fcne uygun olarak al\u0131nmamas\u0131, durdurulmas\u0131, iptal edilmesi, ask\u0131ya al\u0131nmas\u0131<\/p>\n<p><strong>Elektrik sekt\u00f6r\u00fcnde esasl\u0131 olumsuz etkiye kar\u015f\u0131 al\u0131nacak \u00f6nlemler:<\/strong><\/p>\n<p><strong>1) Proje ba\u015flang\u0131c\u0131nda kapsaml\u0131 risk de\u011ferlendirmesi<\/strong><\/p>\n<p><strong>2) Esnek Finansman Yap\u0131lar\u0131<\/strong>: (\u00d6rnek olarak; de\u011fi\u015fken faiz oranlar\u0131, esnek geri \u00f6deme planlar\u0131..)<\/p>\n<p><strong>3) Koruyucu S\u00f6zle\u015fme H\u00fck\u00fcmleri<\/strong>:<\/p>\n<p><strong>4) D\u00fczenli \u0130zleme ve Raporlama<\/strong>: (Olas\u0131 esasl\u0131 olumsuz etki riskleri erken tespit edilmeli ve gereken \u00f6nlem al\u0131nmal\u0131d\u0131r.)<\/p>\n<p><strong>5) \u00c7evresel ve Sosyal Etki De\u011ferlendirmesi<\/strong><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":1842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-tr"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law<\/title>\n<meta name=\"description\" content=\"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/\" \/>\n<meta property=\"og:locale\" content=\"tr_TR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law\" \/>\n<meta property=\"og:description\" content=\"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/\" \/>\n<meta property=\"og:site_name\" content=\"Lege Law\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-03T22:27:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-07-30T22:31:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"webadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Yazan:\" \/>\n\t<meta name=\"twitter:data1\" content=\"webadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tahmini okuma s\u00fcresi\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 dakika\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/\",\"url\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/\",\"name\":\"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law\",\"isPartOf\":{\"@id\":\"https:\/\/www.legelaw.com\/tr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png\",\"datePublished\":\"2024-07-03T22:27:28+00:00\",\"dateModified\":\"2024-07-30T22:31:30+00:00\",\"author\":{\"@id\":\"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/77fe84004a870f08b861e629bff2fbc9\"},\"description\":\"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle\",\"breadcrumb\":{\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#breadcrumb\"},\"inLanguage\":\"tr\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"tr\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage\",\"url\":\"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png\",\"contentUrl\":\"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png\",\"width\":1920,\"height\":1080,\"caption\":\"ELEKTR\u0130K P\u0130YASASI D\u00dcZENLEMELER\u0130 A\u00c7ISINDAN PROJE F\u0130NANSMAN S\u00d6ZLE\u015eMELER\u0130NDE ESASLI OLUMSUZ ETK\u0130\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.legelaw.com\/tr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/#website\",\"url\":\"https:\/\/www.legelaw.com\/tr\/\",\"name\":\"Lege Law\",\"description\":\"Attorneys at law\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.legelaw.com\/tr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"tr\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/77fe84004a870f08b861e629bff2fbc9\",\"name\":\"webadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"tr\",\"@id\":\"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/29a1115e4ca55131b744b4091209649e68d31db0205f3ae695da266bd96e39c3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/29a1115e4ca55131b744b4091209649e68d31db0205f3ae695da266bd96e39c3?s=96&d=mm&r=g\",\"caption\":\"webadmin\"},\"url\":\"https:\/\/www.legelaw.com\/tr\/author\/webadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law","description":"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/","og_locale":"tr_TR","og_type":"article","og_title":"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law","og_description":"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle","og_url":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/","og_site_name":"Lege Law","article_published_time":"2024-07-03T22:27:28+00:00","article_modified_time":"2024-07-30T22:31:30+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1-1024x576.png","type":"image\/png"}],"author":"webadmin","twitter_card":"summary_large_image","twitter_misc":{"Yazan:":"webadmin","Tahmini okuma s\u00fcresi":"9 dakika"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/","url":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/","name":"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki - Lege Law","isPartOf":{"@id":"https:\/\/www.legelaw.com\/tr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage"},"image":{"@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png","datePublished":"2024-07-03T22:27:28+00:00","dateModified":"2024-07-30T22:31:30+00:00","author":{"@id":"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/77fe84004a870f08b861e629bff2fbc9"},"description":"G\u00fcn\u00fcm\u00fczde k\u00fcresel bir felaket olarak de\u011ferlendirilen iklim de\u011fi\u015fikli\u011finin \u00f6nlenmesinin yine k\u00fcresel \u00e7apta ger\u00e7ekle\u015ftirilecek eylemlerle","breadcrumb":{"@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#breadcrumb"},"inLanguage":"tr","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/"]}]},{"@type":"ImageObject","inLanguage":"tr","@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#primaryimage","url":"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png","contentUrl":"https:\/\/www.legelaw.com\/wp-content\/uploads\/2024\/07\/Obligations-Imposed-on-Companies-by-the-German-Supply-Chain-Act-18-1.png","width":1920,"height":1080,"caption":"ELEKTR\u0130K P\u0130YASASI D\u00dcZENLEMELER\u0130 A\u00c7ISINDAN PROJE F\u0130NANSMAN S\u00d6ZLE\u015eMELER\u0130NDE ESASLI OLUMSUZ ETK\u0130"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legelaw.com\/tr\/elektrik-piyasasi-duzenlemeleri-acisindan-proje-finansman-sozlesmelerinde-esasli-olumsuz-etki\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legelaw.com\/tr\/"},{"@type":"ListItem","position":2,"name":"Elektrik Piyasas\u0131 D\u00fczenlemeleri A\u00e7\u0131s\u0131ndan Proje Finansman S\u00f6zle\u015fmelerinde Esasl\u0131 Olumsuz Etki"}]},{"@type":"WebSite","@id":"https:\/\/www.legelaw.com\/tr\/#website","url":"https:\/\/www.legelaw.com\/tr\/","name":"Lege Law","description":"Attorneys at law","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legelaw.com\/tr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"tr"},{"@type":"Person","@id":"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/77fe84004a870f08b861e629bff2fbc9","name":"webadmin","image":{"@type":"ImageObject","inLanguage":"tr","@id":"https:\/\/www.legelaw.com\/tr\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/29a1115e4ca55131b744b4091209649e68d31db0205f3ae695da266bd96e39c3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a1115e4ca55131b744b4091209649e68d31db0205f3ae695da266bd96e39c3?s=96&d=mm&r=g","caption":"webadmin"},"url":"https:\/\/www.legelaw.com\/tr\/author\/webadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/posts\/1839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/comments?post=1839"}],"version-history":[{"count":1,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/posts\/1839\/revisions"}],"predecessor-version":[{"id":1844,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/posts\/1839\/revisions\/1844"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/media\/1842"}],"wp:attachment":[{"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/media?parent=1839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/categories?post=1839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legelaw.com\/tr\/wp-json\/wp\/v2\/tags?post=1839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}