Girisim Elektrik Says It Agrees With OYEN For Solar Power Plant Projects To Be Implemented Insoutheastern Anatolia Region For Erdemir And Isdemir

About this update from Girisim Elektrik Sanayi Taahhut Ve Ticaret A.s.

Girisim Elektrik Sanayi Taahhut ve Ticaret AS BIST:GESAN:GIRISIM ELEKTRIK - REACHES AGREEMENT WITH OYEN FOR SOLAR POWER PLANT PROJECTS TO BE IMPLEMENTED INSOUTHEASTERN ANATOLIA REGION FOR ERDEMIR AND ISDEMİRGIRISIM ELEKTRIK - TOTAL INVESTMENT AMOUNT OF PROJECTS UNDER AGREEMENT HAS BEEN DETERMINED AS USD 205.0 MILLION EXCLUDING VATGIRISIM ELEKTRIK - IT IS PROJECTED THAT GIRISIM WILL GENERATE NEARLY USD 55.0 MILLION IN ANNUAL REVENUE UNDER THESE PROJECTSGIRISIM ELEKTRIK - AGREEMENT COVERS A 15-YEAR PERIOD UNDER ESCO (BUİLD-TRANSFER-OPERATE) MODELGIRISIM ELEKTRIK - SIGNS A COOPERATION AGREEMENT WITH A CHINESE EPF COMPANY TO SECURE FİNANCING FOR PROJECTS THROUGH SINOSURETOTAL INSTALLED CAPACITY OF THE PROJECTS IS 357.9 MWP DC, OF WHICH 186.5 MWP RELATES TO ISDEMIR PROJECT AND 171.4 MWP RELATES TO ERDEMIR PROJECTTOTAL AC INSTALLED CAPACITY IS 260 MWACTOTAL ANNUAL ELECTRICITY GENERATION OF POWER PLANTS TO BE INSTALLED IS EXPECTED TO BE APPROXIMATELY 707 GWH, OF WHICH APPROXIMATELY 370.93 GWH IS EXPECTED TO BE GENERATED BY POWER PLANT TO BE INSTALLED UNDER ISDEMIR PROJECT AND 336.07 GWH BY POWER PLANT TO BE INSTALLED UNDER ERDEMIR PROJECTMANUFACTURING STRENGTH AND ENGINEERING CAPABILITIES OF GIRIŞIM ELEKTRIK GROUP WILL BE UTILIZED, AND ELECTRICAL PRODUCTS TO BE USED IN PROJECTS ARE PLANNED TO BE MANUFACTURED BY GROUP COMPANIES, NAMELY EUROPOWER ENERJI, EUROPOWER WORLD, EUROMEK ELEKTRIK AND PEAK PV SOLAR

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