[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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New Business Relation
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Hayır (No)
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Hayır (No)
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Hayır (No)
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Müşteri (Customer)
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Name Surname Or Company Title Of Customer Or Supplier
Overseas Customer
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Expected Starting Date O fNew Business Relation
09/12/2024
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Positive
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Explanations
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A contract has been signed on December 9, 2024, between Kontrolmatik Teknoloji Enerji ve Mühendislik A.Ş., in which our company holds a 51% stake, and Joule Global Enerji A.Ş. partnership, and one of our clients based in Germany. The contract, with a total value of €9,333,439.48, covers the mechanical assembly of the gas turbine, generator package, steam turbine, and equipment for a 600 MW Combined Cycle Power Plant to be established in Germany.

The project is a comprehensive energy transition initiative aiming to convert an existing coal power plant in Germany into a natural gas plant and, starting from the 2030s, transition to a power generation facility operating on green hydrogen. The plant will reach a total electricity production capacity of 1,300 MW and will operate at two separate plant sites. This capacity will be sufficient to supply energy to approximately 2.4 million German households (based on an average of three people per household), and the plant will operate as a mid-load power plant.

The project also supports the European Union and Germany's carbon reduction targets for 2050, contributing to the achievement of goals such as promoting district heating, energy efficiency, sustainability, the use of renewable energy, and the reduction of fossil fuels. We are proud of our contribution to sustainable energy solutions and are continuing our efforts to successfully implement the project.

Turkish and English translations of this statement are available, and in case of any conflict between the Turkish and English versions of this statement, the Turkish version will prevail.