[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

Enspire Enerji Yatırımları ve Hizmetleri A.Ş. ("Enspire") which is 100% owned by our subsidiary Entek Elektrik Üretimi A.Ş., has signed a Share Purchase Agreement to acquire the shares corresponding to 100% of the capital of Eco Sun Niculesti S.R.L., which has solar power plant permits in Romania and is in the development stage with a capacity of 214.26 MWm, some of which are in the application process, and Euromec-Ciocanari S.R.L., which owns the land of the project being developed, from Econergy International Limited, subject to closing adjustments, for an approximate company value of 32.9 million Euros. According to the agreement, following the completion of closing prerequisites such as obtaining the necessary approvals from the relevant competition and direct investment authorities and completing the project permits to make the project ready for construction, the shares of the companies will be transferred to Enspire. The closing is expected to be completed by January 31, 2025.

The English translation of this disclosure is attached hereto, and in case of any discrepancy in the texts of the disclosure, the Turkish disclosure shall prevail.