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Turkey's STFA Plans 600 mln lira (196 mln euro) in Energy Investments

Turkeys STFA Plans 600 mln lira (196 mln euro) in Energy Investments
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Πεμ, 23 Ιανουαρίου 2014 - 14:18
Turkish conglomerate STFA has set up an energy unit, Enerya, and plans to invest 600 million Turkish lira ($265.3 million/195.6 million euro) in the energy sector, local media reported on Wednesday.
Turkish conglomerate STFA has set up an energy unit, Enerya, and plans to invest 600 million Turkish lira ($265.3 million/195.6 million euro) in the energy sector, local media reported on Wednesday.

Enerya incorporates STFA’s natural gas distribution unit Energaz and its subsidiaries and the conglomerate’s energy investments, daily Hurriyet reported.

Enerya targets 3.0 billion Turkish lira in revenue by the end of 2018, the daily quoted STFA group CEO Mehmet Ali Neyzi as saying.

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