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Our group company with 100% ownerhip, YEO Enerji Yatirimlari A.S., has retained Hydroelectric power plant with capacity of 58,15 MW which are composed of Aşağı Aras Boztepe HPP (14,16 MW), Aşağı Aras Demirkapı HPP (15,74 MW), Aşağı Aras Değirmendere HES (14,95 MW) ve Aras Kalebaşı HES (13,30 MW) under notification from General Directorate of State Hydraulic Works. It is expected to generate totally 180 GW/year electricity from the facilities and come into force after signing water usage right agreement. Our company targeting 1 GW capacity in renewable energy sector until 2030 has gained another step on the way to be global player with capability of different project in different countries under the investor perspective.
In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.