Privatization

Privatization

IC Energy Generation and Trade Inc. won the Yeniköy-Kemerköy fossil fuel plants privatization tender which took place on 18-04-2014 by giving the highest bid of 2 billion 671 million USD.

The tender covers the privatization of Kemerköy Thermal Power Plant and immovable property owned by EUAS, through the sale of movable and immovable property of Yeniköy Thermal Power Plant and Yeniköy Lignites, relevant mine licenses and the fields that these licenses cover and the immovable property located at Kemerköy Pier and its backyard through giving operating rights. The plant’s installed capacity is around 1050 MW.

Business Partners