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Turkcell to Acquire Wind Plant Operator Boyut Grup Enerji for $29.6M

Turkcell to Acquire Wind Plant Operator Boyut Grup Enerji for $29.6M Image Credit: Turkcell/

In line with the target of meeting its electricity demand from renewables by 2030 and becoming a carbon neutral company by 2050, Turkcell has signed a share transfer agreement to acquire Boyut Grup Enerji, which owns the İzmir Karadağ Wind Power Plant for for $29.6 million

High production efficiency of Karadağ Wind Power Plant, and that this acquisition would contribute to Turkcell’s focus on sustainability and minimize its environmental footprint. The power plant commenced operations in 2016 holding a license that will expire in 2057.

 

Turkcell Enerji, operating under the Enerjicell brand, serves individual and corporate customers in Turkey, who are eligible to choose their own electricity suppliers. In addition to its investments in renewable energy and power plants, Turkcell also continue to utilize eco-friendly methods through trading with green energy companies. Going forward, Turkcell will continue to invest in renewable energy through Turkcell Enerji Çözümleri and make Turkcell a carbon neutral company that uses electricity generated from eco-friendly resources. 

Karadağ Wind Power Plant has an 18 MW installed capacity as well as an annual electricity generation capacity of 67.5 GWh, and thereby has the potential to meet the annual electricity need of approximately 22,500 houses. The plant has state purchase guarantee until the end of 2026. 

Turkcell CEO Murat Erkan
In line with our sustainability approach, we continue to lead investments in renewable energy and target to become a company meeting its electricity need from eco-friendly resources. In accordance with this target, the energy we generated with the self-consumption model in 2020 reached a level equivalent to the annual consumption of 1,230 residences.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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