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Aksa Energy shared its investment and growth plans during its Analyst Meeting held with the participation of institutional investors and analysts. The company aims to commission 10 new projects in 2026, adding 975 MW of installed capacity. Accordingly, Aksa Energy plans to triple its EBITDA by 2028 compared to 2024, reaching USD 660 million and increasing its EBITDA margin to 42%.
Operating 11 power plants with an installed capacity exceeding 3,000 MW across 7 countries, Aksa Energy hosted the Analyst Meeting on Tuesday, October 7, at the Four Seasons Bosphorus, where it presented its medium-term goals. The meeting, attended by the company’s senior management, covered key topics including the transformation of the energy sector, new opportunities emerging from this shift, the company’s global expansion strategy, and financial projections.
Having been in an active investment cycle since 2023, Aksa Energy has successfully realized investments worth USD 900 million over the past three years. In 2026, the company plans to commission 10 projects simultaneously, adding 975 MW of new capacity to its portfolio. These investments will be made across Central Asia, Africa, and Türkiye. Specifically, Aksa Energy will bring into operation natural gas power plants with a total capacity of 724 MW in Ghana, Kazakhstan, Gabon, and Senegal. In the same period, the company will also launch five renewable energy projects in Türkiye totaling 251 MW.
Speaking at the meeting, Aksa Energy Chairman and CEO Cemil Kazancı shared his insights on the company’s strategic initiatives: “With our strong vision, we continue to deliver value-added projects across all the geographies in which we operate. All the projects we announced in 2024 are progressing in line with our planned schedule. As promised, we have commissioned our Talimercan Natural Gas Power Plant in Uzbekistan at full capacity in record time. The year 2026 will mark a milestone for Aksa Energy, as we will bring 10 projects into commercial operation simultaneously. This will increase our installed capacity to 4 GW, and with additional projects in 2027 and 2028, we plan to reach a total of 5 GW.
Today, we operate in seven countries, but we will expand to ten countries and grow our number of power plants to twenty, further strengthening our global footprint. A significant portion of these projects will operate under guaranteed revenue structures, supporting our profitability. By 2028, we aim to triple our EBITDA to USD 660 million and increase our margin from 24% to 42%. Starting from 2026, 90% of our EBITDA will be secured through foreign currency–denominated guaranteed contracts or the YEKDEM mechanism. We are implementing these strategic initiatives decisively to shape the energy of both today and tomorrow.
At Aksa Energy, we are committed to being a technology-driven, financially strong, and socially and environmentally responsible energy company, striving to become one of the global leaders in the energy transition.”
Renewable Energy and New Technologies at the Core of Investments
A significant portion of Aksa Energy’s upcoming investments will focus on renewable energy projects and natural gas power plants with lower carbon emissions. The company has strengthened its pioneering position in the sector by obtaining Türkiye’s first renewable energy generation license with energy storage. Aksa Energy is preparing to launch 14 projects across 11 provinces, with five of them scheduled to become operational in 2026.
Advancing Digitalization and Corporate Transformation
Through its digital transformation initiative Project Nexus, Aksa Energy is integrating its 11 power plants across 7 countries under an SAP S/4HANA-based digital infrastructure. Expected to be completed by 2026, this transformation aims to streamline operational processes, accelerate decision-making, and build a more agile and integrated organizational structure.
With its expanding global network, robust financial foundation, and strong focus on energy investments and digitalization, Aksa Energy aims to maintain its leadership role in shaping the future of the energy sector.
