Enerjisa

Energy company Enerjisa's Erciyes power plant with 65 megawatts installed capacity in the province of Kayseri has come online.

The facility, which is designed as a hybrid wind and solar power plant, produces 221 GW/hours of electricity annually. It will provide power to 75,000 households. When it is fully completed, the power plant's installed capacity will reach 100 megawatts.

Galatasaray sealed a deal with Turkish energy company Enerjisa on March 9 that will install a solar energy power plant on the roof of its football stadium that will produce electricity for the venue.

Galatasaray President Mustafa Cengiz, club officials and Enerjisa CEO Murat Pınar attended the signing ceremony at Istanbul's Turk Telekom Stadium.

Shares for Turkey’s Enerjisa rose 11.2 percent in their market debut on Feb. 8 after the energy distributor raised $393 million in its initial public offering (IPO) last week. 

E.ON Chief Executive Johannes Teyssen said business in Turkey was going well, adding the group expected power demand in the country to rise and flagging a possible listing of Enerjisa, its local joint venture with Sabancı.

Eight consortia, including four German giants, participated in the Turkish Energy Ministry's 1,000 megawatts (MW) wind power project tender on July 27.
 
In addition to the German giants, Chinese and Danish Vestas also took part in the bidding consortia as well as the U.S.'s General Electric along with their local partners. 

EnerjiSA, a joint venture between Turkey's Sabancı and Germany's E.ON, has brought electricity services to residents of Jarablus in northern Syria for the first time in four years, in cooperation with the Turkish Energy Ministry. 

Turkey's Sabanc? Holding plans to sell a minority stake in the electricity distribution and energy retail businesses of its Enerjisa subsidiary to cut debt ahead of Enerjisa's initial public offering, a senior executive said on April 5.

Turkey's Enerjisa, a joint venture between Sabanc? Holding and Germany's E.ON , plans to sell three hydroelectric power plants to rationalize its portfolio and cut debt, and has appointed bankers to manage the sale, three banking sources said.

Germany's E.ON has said it could float Turkish power producer Enerjisa, of which it owns 50 percent. A spokeswoman for E.ON said on April 16 there has been an agreement in principle with Turkey's Sabanc? Holding, the owner of the other half of Enerjisa, on a possible initial public offering (IPO) since 2012.