Turkey’s Enerji SA, owned by Sabanci Holding and Austria’s Verbund, aims to invest $6.5 billion in electricity-generating capacity by 2015 to reach 5,000 megawatts, Sabanci said yesterday.
Sabanci CEO Ahmet Dorduncu said the firm would invest in gas, wind, coal and hydropower plants to raise capacity from 455.5 MW at present. Energy demand in Turkey is set to show hefty growth and Enerji said earlier this month it grew 9.8 percent year-on-year in the first seven months of 2007.
(Reuters)