Akfen Holding

Loft Art, an art space realized by Akfen Holding as part of a social responsibility project, has been opened at Nisbetiye On in Istanbul's Beşiktaş district.

Ayşe Jaber is the art director of the venue.

The works of young artists will be featured in the new venue, which opened with an exhibition titled "Humano."

Turkey's Akfen Renewable Energy is to build 13 wind and solar power plants with a total investment of $530 million, Akfen said on Sept. 19.

The European Bank for Reconstruction and Development (EBRD) has said it is providing a financing package of up to $102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding.

Tepe Construction and Sera Yapı, two TAV Airports shareholders, have sold more than 13.7 million shares at 19.85 Turkish Liras per share in the company, corresponding to 3.76 percent of stake in the capital of the company, to foreign corporate buyers, TAV said in a press release on Sept. 12. 

The shareholders have pledged not to sell any more shares for 270 days.

Turkey's Akfen Holding has announced it signed a deal to sell a 40 percent stake in the Mersin Port to Australia's IFM Investors for $869 million. 

The share of Akfen in the port declined to 10 percent after the deal was signed. 

In a statement late on July 31, the company said Akfen Holding Chair Hamdi Akın would keep his chairmanship position in the port. 

The wife of one of the seven workers who died in the Aegean province of Muğla's Güllük district after being poisoned from methane gas at a wastewater refining facility in 2013 said she turned down 1 million Turkish Liras worth of "blood money" that was offered by the sewage treatment firm in return for her to drop the charges against them. 

Turkish airport operator TAV has signed a deal with Saudi Arabia's civil aviation authority to operate three airports in the Gulf country in partnership with the Al Rajhi Group, the Turkish operator has announced.

Turkey's Akfen has said it signed an agreement on June 9 to sell its remaining 8.12 percent stake in TAV Airports to France's Aeroports de Paris (ADP) for $160 million. 

The French company plans to expand into new markets in the Middle East, Central Asia, Europe and Africa as well as new areas within Turkey along with TAV, according to company representatives. 

Phoenix Solar Yenilenebilir Enerji A.Ş., the newly established Turkish subsidiary of Germany's Phoenix Solar AG, said March 20 it was awarded an order by a consortium led by Akfen Renewable Energy, the energy arm of Turkey's Akfen Holding, to build a photovoltaic power plant with a total capacity of 11.2 MWp in the Black Sea province of Amasya. 

Turkey's Akfen Holding will make investments worth over 6 billion Turkish Liras ($1.7 billion) in 2017, with the construction of giant urban hospital projects and energy projects taking the lion's share, Akfen Holding and MIP Chair Hamdi Akın said at a press meeting to open the East Med Hub Terminal in Mersin International Port (MIP) on Dec. 15.