© 2024 MergersCorp M&A International.
© 2024 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
Wind power plants in Turkey have been gaining significant momentum and recognition in recent years. With a geographical advantage that includes an extensive coastline and various regions with high wind potential, Turkey has emerged as a major player in the global wind energy market.
Turkey’s wind power capacity has experienced tremendous growth over the past decade. According to the Turkish Wind Energy Association, the country’s installed capacity reached 9.6 GW by the end of 2020, making it the fourth-largest wind power producer in Europe. This impressive growth can be attributed to favorable government policies promoting renewable energy, generous feed-in tariffs, and an attractive investment climate.
One of the key regions for wind power plant installations in Turkey is the Aegean region, particularly Izmir, Balikesir, and Canakkale. These areas benefit from strong and consistent winds, making them ideal for harnessing wind energy. Additionally, coastal regions such as Istanbul, Tekirdağ, and Edirne have also witnessed a surge in wind power installations.
Wind power plants not only contribute to reducing carbon emissions, but they also stimulate economic growth and create job opportunities. The construction and operation of wind farms require a significant workforce, providing employment opportunities for local communities. Moreover, wind energy investments attract both domestic and foreign direct investments, contributing to the country’s overall economic development.
Furthermore, wind power plants play a crucial role in diversifying Turkey’s energy mix and reducing dependence on fossil fuels. As a country heavily reliant on energy imports, wind energy helps reduce the burden on imported natural gas and contributes to energy security.
However, like any other renewable energy sector, wind power plants face challenges. The intermittency of wind resources and possible grid integration issues require efficient management and investment in energy storage systems. Balancing the intermittent nature of wind power with the demand is essential for a reliable and stable energy supply.
The Portfolio consists of wind power plants with solar extensions in Turkey, with a total envisaged installed capacity of approximately 163 MWp and an annual electricity generation capacity of 368 GWh.
The construction of the Metafor WEPP in Bingöl is completed, and the plant became operational in March 2023. Its solar extension is expected to be commissioned in September 2023.
In Ağrı, the Yakaağzı WEPP and its solar extension are also expected to be commissioned in September 2023.
The Portfolio will sell the electricity it generates under a feed-in tariff (FiT) system. The FiT period for Metafor and Yakaağzı will expire in 2031 and 2030, respectively. During the FiT period, the FiT price will be $94 per MWh in the first five years and $73 per MWh in the remaining years.
Ongoing initiatives to expand the installed capacity in both sites include:
© 2024 MergersCorp M&A International is a global brand operating through a number of professional firms and constituent entities located throughout the world to provide M&A Advisory and other client related professional services. The Member Firms are constituted and regulated in accordance with relevant local regulatory and legal requirements. For more details on the nature of our affiliation, please visit us on our website https://mergerscorp.com/disclaimer. MergersCorp M&A International is not a registered broker-dealer under the U.S. securities laws.
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by MergersUS Inc. or any other third party regardless of whether such security, product or service is referenced in this website. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction.MergersCorp M&A International franchising program is not offered to individuals or entities located in the United States.
The franchising program is offered by MergersUK Limited a UK Company with registered office at 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
This website is operated by MergersUS Inc a US Corporation with registered office at
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Description
Wind power plants in Turkey have been gaining significant momentum and recognition in recent years. With a geographical advantage that includes an extensive coastline and various regions with high wind potential, Turkey has emerged as a major player in the global wind energy market.
Turkey’s wind power capacity has experienced tremendous growth over the past decade. According to the Turkish Wind Energy Association, the country’s installed capacity reached 9.6 GW by the end of 2020, making it the fourth-largest wind power producer in Europe. This impressive growth can be attributed to favorable government policies promoting renewable energy, generous feed-in tariffs, and an attractive investment climate.
One of the key regions for wind power plant installations in Turkey is the Aegean region, particularly Izmir, Balikesir, and Canakkale. These areas benefit from strong and consistent winds, making them ideal for harnessing wind energy. Additionally, coastal regions such as Istanbul, Tekirdağ, and Edirne have also witnessed a surge in wind power installations.
Wind power plants not only contribute to reducing carbon emissions, but they also stimulate economic growth and create job opportunities. The construction and operation of wind farms require a significant workforce, providing employment opportunities for local communities. Moreover, wind energy investments attract both domestic and foreign direct investments, contributing to the country’s overall economic development.
Furthermore, wind power plants play a crucial role in diversifying Turkey’s energy mix and reducing dependence on fossil fuels. As a country heavily reliant on energy imports, wind energy helps reduce the burden on imported natural gas and contributes to energy security.
However, like any other renewable energy sector, wind power plants face challenges. The intermittency of wind resources and possible grid integration issues require efficient management and investment in energy storage systems. Balancing the intermittent nature of wind power with the demand is essential for a reliable and stable energy supply.
Overview
The Portfolio consists of wind power plants with solar extensions in Turkey, with a total envisaged installed capacity of approximately 163 MWp and an annual electricity generation capacity of 368 GWh.
Status
The construction of the Metafor WEPP in Bingöl is completed, and the plant became operational in March 2023. Its solar extension is expected to be commissioned in September 2023.
In Ağrı, the Yakaağzı WEPP and its solar extension are also expected to be commissioned in September 2023.
Revenue Stream
The Portfolio will sell the electricity it generates under a feed-in tariff (FiT) system. The FiT period for Metafor and Yakaağzı will expire in 2031 and 2030, respectively. During the FiT period, the FiT price will be $94 per MWh in the first five years and $73 per MWh in the remaining years.
Ongoing initiatives to expand the installed capacity in both sites include:
Basic Details
Target Price:
TBA
Gross Revenue
TBA
EBITDA
TBA
Business ID:
L#20240601
Country
Turkey
Detail
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