[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[]
Related Funds
[]
English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
oda_UpdateAnnouncementFlag|
Update Notification Flag
Evet (Yes)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
19.03.2024, 02.08.2024
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|
The Ministry of Environment, Urbanization, and Climate Change has issued an "Environmental Impact Assessment Positive" decision for the Üçpınar Wind Energy Plant (50 MWm / 50 MWe) and Electricity Storage Facility (50 MWe / 100 MWh) project, which is planned to be built in the Lapseki District of Çanakkale Province by our wholly-owned subsidiary, Akfen Elektrik Enerjisi Toptan Satış A.Ş.

It is the first project in Turkey to receive an EIA positive decision in the field of electricity storage with wind power generation.

This EIA positive decision is the second one for our total 310 MW capacity electricity storage projects with solar and wind power generation, which are part of our second-phase investments, as outlined in our 3-year investment program and presentation announced on 19.03.2024 via Public Disclosure Platform.

As stated in our announcement on 02.08.2024, once our first-phase investments, whose construction processes have commenced are completed in 2025, our total installed capacity will be reaching 887 MW.

When our second-phase investments are completed by the end of 2027, our total installed capacity is targeted to reach approximately 1200 MW .


This statement has been translated into English for informational purposes. In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the Turkish version shall prevail.