Legal Advice on Acquiring Turkish Power Company26/06/17 / News

KŠB advised Energo-Pro Group on the purchase of 100% of the shares in Turkish Murat Nehri, which owned Alpaslan 2, an unfinished dam and hydropower plant in south-east Turkey.

After almost a year of negotiations, the project was sold by Enerjisa Enerji Uretim, which is owned on a 50/50 basis by Turkish Sabanci Group and German E.ON. Together with the project, Energo-Pro acquired a power plant operator’s license which will be valid until 2059.