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Girişim Elektrik Wins $74 Million Solar Power Contract in Türkiye

theglobeandmail.com · last updated

GIRISIM ELEKTRIK SANAYI TAAHHUT VE TICARET A.S. ( (TR:GESAN) ) just unveiled an announcement.

Girişim Elektrik Sanayi Taahhüt ve Ticaret A.Ş. has signed a major contract with a leading Türkiye-based industrial company for the Mardin-2 Unlicensed Solar Power Plant Project in Mardin Province. The deal underscores the company’s focus on renewable energy infrastructure and reinforces its position as a key contractor for industrial clients seeking sustainable power solutions.

The contract has a total value of USD 73,985,000, estimated at about TRY 3.61 billion at current exchange rates, and is expected to boost Girişim Elektrik’s revenues and profitability. The solar project will support the investor’s renewable capacity expansion, sustainable energy transition, and energy efficiency goals, implying meaningful operational and financial benefits for both parties and signaling continued momentum in Türkiye’s industrial-scale solar investments.

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