Akfen Yenilenebilir Enerji has completed an IPO in the amount of TRY 340.370703 million.

Akfen Yenilenebilir Enerji AS is a Turkey-based Company, which is engaged in the renewable energy sector. The Company's main activity is generating electricity from renewable sources, such as hydroelectric, solar, and wind. Akfen Yenilenebilir Enerji is a member of the Akfen Holding Group and it also engages in power plants and other electricity generation and distribution related buildings construction, power distribution lines construction, and electricity wholesaling and retailing with its sister companies and subsidiaries. The Company operates 12 hydroelectric power plants, 13 solar power plants, and six wind power plants in many cities in Turkey, and these 31 power plants generate approximately 700.000 MW of electricity.