Akenerji in the Sector

Akenerji is the first power generation company founded as an auto-producer group in Turkey. As one of the biggest players of Turkey’s energy sector, Akenerji is an integrated energy company operating in wholesale electricity sales in addition to power generation, with over 25 years of experience in the sector. 25 % of the Company’s shares have been offered to the public since June 2000, and Akenerji shares began to trade on the Istanbul Stock Exchange (called Borsa İstanbul after 2013).

The partnership between Akkök and the Czech power company ČEZ evolved into an equal-part strategic joint venture in Akenerji, with an agreement signed in October 2008.

Since 2005, Akenerji has concentrated on generation investments based on renewable power resources, to attain resource diversity in power generation. Ayyıldız Wind Power Plant is the first power generation facility to become operational in the renewable energy area. It boastsa renewable power resource based generation capacity of 388 MW in total, by means of 8 hydroelectric plants that it gradually brought into operation.

In 2015, Akenerji focused especially on utilizing capacity expansion opportunities for the renewable source power plants, and thus it commenced works to enhance Ayyıldız Wind Power’s installed power from 15 MW to 28.2 MW

After Egemer-Erzin Natural Gas Combined Cycle Power Plant, which alone has the capacity to meet 2.6 % of Turkey’s power need, started operations in July 2014, Akenerji’s total generation capacity rose 2.5 fold, reaching 1,211 MW.

Upon completion of Kemah Hydroelectric Power Plant, which is currently in the project phase and is expected to generate approximately 560 GWh of electricity per annum, Akenerji alone will be generating a considerable part of Turkey’s power generation.