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At the Board of Directors meetings of Esenboğa Elektrik Üretim A.Ş and Margün Enerji Üretim Sanayi ve Ticaret A.Ş., dated April 15, 2021, It has been decided to offer Margün Enerji Üretim Sanayi ve Ticaret A.Ş. to the public and to apply for a preliminary permit to the Capital Markets Board in order to accomodate the Company's Articles of Association with the provisions of the Capital Market Law and the relevant legislation. Margün Enerji Üretim Sanayi ve Ticaret A.Ş., 100% subsidiary of Esenboğa Elektrik Üretim A.Ş., has a paid in cash capital of 310.000.000 TL representing 310.000.000 nominal shares. Margün Enerji Üretim Sanayi ve Ticaret A.Ş. (www.margunelektrik.com.tr) was established on 03.12.2014. The company operates especially on solar energy in the field of project development at abroad, EPC, operation – maintenance, electricity generation and sales of generated electricity from renewable energy sources. In the last quarter of 2019, the company acquisited 22.35 MWp solar power plants in Nevşehir, Yozgat, Bilecik and Afyon. In the last quarter of 2020, it has also acquisited solar power plants with a total power of 10.29 MWp in Ankara and with a total power of 12.27 MWp solar power plants in Afyon province. By 2021, the company acquisited solar power plants with 11.44 MWp installed capacity in Ankara and finally, acquisited solar power plants with 61.68 MWp installed capacity in Konya, Antalya, Ankara, Eskişehir, Adana and Muğla provinces on 12.03.2021. With these acquisitions, it increased its current capacity to 118.03 MWp. The total annual electricity generation amount is expected to be approximately 190,096,750 kW/h. Our company operating in the renewable energy sector; except domestic and international solar power plant project development and contracting services, it is anticipated that the approximate annual sales revenue of USD 25,282,868 and net income of USD 23,580,000 to be obtained from solar power plant investments. All of the electricity sales are realized within the scope of the Renewable Energy Support Mechanism (RESM) determined by the laws numbered 5346 and 6094, with a government purchase guarantee at a price of 13.3 USDcent / kWh and this purchase guarantee continues for 10 years from the date of provisional acceptance of the power plants. In 2020, Margün Enerji Üretim Sanayi ve Ticaret A.Ş. has signed a turnkey contract with a total value of 65.431.000 Euros including VAT for the development and installation of a total of 61 MWp Solar Power Plant in Italy for 2 different projects within the scope of international project development and contracting activities. The company will continue its activities for both domestic investments and international project development, EPC and operation-maintenance services, as well as solar power plant investments to be made on behalf of itself and its customers. It is announced to the public and our investors with respect. |
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.