Company Profile
Established in 1997, Aksa Energy is Turkey's largest publicly traded independent electricity producer. With roots dating back to the 1950s, Kazancı Holding, the major shareholder of Aksa Energy, is a global powerhouse, engaging in production activities on 4 continents, operating in 24 countries with more than 10,000 employees, and sales to 178 countries around the globe.
With business operations in 7 countries and 2,553 MW installed capacity, Aksa Energy is a global energy company that delivers all steps internally in power plant installation procedures – from project development to procurement, construction, and installation – with its highly skilled technical teams. The company has constructed and operated over 40 energy plants using various energy sources such as coal, fuel oil, biogas, natural gas, wind, and hydroelectric power.
Aksa Energy took its first step towards globalization in 2015. Taking action to transfer its efficiency and sustainability-oriented approach to Overseas markets, Aksa Energy’s first target after Türkiye and Northern Cyprus was Africa. It entered the African market with the power plants it has built and commissioned in Ghana, Madagascar, and Mali in a short time. Consolidating its presence in Africa with guaranteed energy sales agreements in foreign currency, Aksa Energy stepped into the Central Asian market with Uzbekistan in 2020. Following the Uzbekistan power plants project with a total installed capacity of 740 MW, which began commercial production in 2022, new investments gained pace. Aksa Energy's current global projects include a 430MW natural gas power plant in Talimarjan, Uzbekistan, a 240MW heat and power plant in Kyzylorda, Kazakhstan, a 350MW natural gas power plant in Kumasi, Ghana, and a 255MW natural gas power plant in Saint Louis, Senegal. Domestically, in addition to its existing 1,358MW installed capacity, the Company has obtained pre-licenses for 891.41MW wind and solar power plant investments with storage. Aksa Energy aims to closely monitor and expand its global service network by following new investment projects in regions with energy needs.
Aksa Energy, which started to be traded on Borsa Istanbul in 2010 under the code AKSEN, has a free float rate of 20%. Aksa Energy’s shares are traded on BIST 100, BIST Electricity, BIST Sustainability, BIST Corporate Governance, BIST Participation, BIST Dividend, MSCI Small Cap and FTSE Emerging Europe Mid-Cap Indices.