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Demand for public offering of Akfen Renewable Energy will be collected on 8-10 March

It has been reported that demand will be collected on March 8-10 for the public offering of Akfen Renewable Energy.

In the statement made by Akfen Renewable Energy, it was stated that 33.5% of the company will be offered to the public. In the public offering, led by Garanti BBVA Securities, it was stated that Akfen Renewable Energy shares with a nominal value of ₺340 million 370 thousand 703 belonging to Akfen Holding will be offered for sale at a fixed price of ₺9.80.

In the statement, it was mentioned that the shares sold during the public offering will be distributed according to the proportional distribution method and demand will be collected on March 8-10, ‘After the public offering, the company’s free float rate will be 33.5%. In the public offering, 10% of Akfen Renewable Energy shares will be allocated to company employees, 20% to domestic corporate and 20% to individual investors, and 50% to foreign institutional investors.’

In the statement, it was pointed out that the company meets the annual energy needs of approximately 4 million people from clean sources with modern power plants, most of which have been commissioned and diversified in terms of resources, in the regions with the best natural resources in Turkiye in the last 7 years.

“The company has an installed capacity of approximately 700 megawatts with 12 HEPP, 35 GES and 6 WPP projects in 18 different provinces of Turkiye. According to the report prepared by the international evaluation organization Moody’s, Akfen Renewable Energy is among the companies that demand from it in the field of environmental and social governance and sustainability. It is the first among all companies in the world in the electricity sector, the first in the Europe-Asia market in all sectors, and it is among the top 30 companies in the world in all sectors.’

Source: AA / Prepared by Irem Yildiz

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