[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
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oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Evet (Yes)
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Hayır (No)
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Date Of The Previous Notification About The Same Subject
16.02.2024
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Hayır (No)
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Announcement Content
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Explanations
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In accordance with our Public Announcement dated 16.02.2024, the Energy Market Regulatory Authority (EMRA) has approved the pre-license of 4 in-line hydroelectric power plants (HEPP) with a total capacity of 38.0 MWm/32.0 MWe belonging to our Company's 100% subsidiary CALL Energy (Yeo Enerji Yatırımları A.Ş.).

Based on project characteristics, the HEPP portfolio, which is planned to be equipped with turbines operating with an Archimedes screw system to be produced by our subsidiary Mikrohes A.Ş., is expected to generate up to 137.4 GWh of electricity annually, with an annual working period of 6,000 hours and a capacity factor of up to 70%. The investment amount for the projects is approximately 55 million USD.

Our company, which aims to reach 1 GW of installed capacity in renewable energy by 2030, has taken an important step in terms of its ability to implement different technologies with its investor identity.