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Aksa Energy to Triple Installed Capacity and Quadruple EBITDA with $4.9 Billion Investment by 2030
Aksa Energy shared its current progress and future goals with brokerage firms and portfolio management companies as part of its 2030 Global Strategy. Led by senior management, the meeting highlighted that the company will carry out a $4.9 billion investment in Annual Analyst Meeting.
As Turkey’s largest publicly listed independent power producer, Aksa Energy continues to take significant steps within the scope of its 2030 Global Strategy, which focuses on institutionalization, globalization, and sustainable high growth. By entering new markets in Europe and the Americas, Aksa Energy aims to expand its presence from 2 continents to 4 and increase its total installed capacity to 7,850 MW — tripling its current capacity.
During the Analyst Meeting held on Thursday, September 26, at the Four Seasons Bosphorus, Aksa Energy unveiled its new investment and growth plans. By 2030, the company aims to increase the share of renewable energy in its total installed capacity to 28% through planned investments in renewable energy.
Progressing with the Goal of Strong Global Leadership
Speaking at the meeting, Aksa Energy Chairman and CEO Mr. Cemil Kazancı stated: “As the energy sector is being reshaped by climate change, Aksa Energy remains committed not just to participating in this transformation, but to leading it. Today, we operate with the mission of making energy access more reliable and sustainable. Our 2030 Global Strategy reflects our vision of providing solutions for the energy needs of the future.
In the upcoming period, we will increase our installed capacity to 7,850 MW and expand our global footprint from 2 to 4 continents. While raising the share of renewables in our portfolio to 28%, we will continue working toward a more sustainable world with a strong sense of environmental responsibility. All these initiatives will be driven by a solid $4.9 billion investment.
Behind our global goals lies a strong financial foundation, which we will continue to uphold moving forward. With our $1.1 billion EBITDA target, we will ensure our company’s growth on robust grounds. We aim to increase our EBITDA margin by 25 percentage points, reaching 52%. At the same time, through guaranteed income contracts, we will minimize risk and focus on long-term success.
As Aksa Energy, we will continue to lead the energy world of the future. The strategic goals we have defined represent steps toward shaping not only today’s energy, but also tomorrow’s. Wherever we operate, we will keep adding value to people and the environment — while continuing to contribute to strengthening our country in every possible way.”
Strengthening Investments Through Renewable Energy
In Aksa Energy’s 2030 Global Strategy, a significant portion of the planned investments will be directed toward renewable energy projects and natural gas power plants with lower carbon emissions. These investments will add next-generation and cutting-edge sources such as storage- integrated wind and solar energy to the company’s energy portfolio, with renewables making up 28% of the total. With these strong moves, Aksa Energy will continue to grow both in Turkey and globally, with a focus on respect for people and the environment.
