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Aksa Energy Continues Its Investments With Overseas Projects

Aksa Energy Continues Its Investments With Overseas Projects

3/18/2022

Aksa Energy Board Member and Vice Chairman of the Executive Board, Korkut Öztürkmen, participated "Being an Actor in the Energy Sector in Global Markets: Energy Collaborations Abroad" panel as speaker at the 26th International Energy and Environment Fair and Conference (ICCI 2022). In his speech, Öztürkmen detailed Aksa Energy's  investments abroad from past to the present  as well as mentioned company’s guidelines on setting new targets in global markets with the responsibility and awareness as a world-class brand.

 

Aksa Energy Board Member and Vice Chairman of the Executive Board, Korkut Öztürkmen,  participated "Being an Actor in the Energy Sector in Global Markets: Energy Collaborations Abroad”, organized as part of the 26th International Energy and Environment Fair and Conference (ICCI 2022).

 

Korkut Öztürkmen emphasized that Aksa Energy is an energy company that has been breaking new ground since its establishment in 1997, and stated that they have undertaken many important projects in the development of Turkey's private electricity sector in this context. Öztürkmen said, “As Aksa Energy, we built the Antalya power plant, one of Turkey's first and largest natural gas power plant projects, and the first mobile power plants in Samsun and Hakkari. We have continued to grow in global markets since 2015.”

 

Korkut Öztürkmen stated that with the vision of global growth that started in 2015, they operate in Africa with approximately 500 MW of installed power in Ghana, Madagascar and Mali; “By expanding to Central Asia in 2021, we realized the largest Turkish energy investment in this region. We derive more than half of our operational profit from our foreign investments, thanks to our production portfolio that is becoming more and more diverse geographically every year," he said.

 

Additionally, Öztürkmen noted that: “As an independent power producer, Aksa Energy,   is moving towards value added projects with longer-term contracts. After investments in Africa and Asia, we have included Europe in our radar. We are evaluating the  in the energy supply-demand imbalance in Europe. We will continue our investments without slowing down in line with our vision of becoming a global brand. For our sustainable growth strategy, we will continue our overseasinvestments without slowing down, and we will continue to add value to our country's economy by creating foreign currency-based income. We will continue to be a respected member of the energy sector without compromising our focus on creating value for all our stakeholders on this path we are advancing.”

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