14,334.06 TRY BIST 100 BIST 100
55.97 EUR EUR EUR
48.26 USD USD USD
7.22 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
39.93 TRY Interest Interest
91.31 USD Fossil Oil Fossil Oil
6.71 USD Copper Copper
103.31 TRY Silver Silver
99.98 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
99.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Abu Dhabi partner bought 50 percent of Kalyon Energy

Kalyon Holding sat at the same table with International Energy Holding (IEH), a subsidiary of International Holding Company (IHC).

Abu Dhabi partner bought 50 percent of Kalyon Energy

Kalyon Holding sat at the same table with International Energy Holding (IEH), a subsidiary of International Holding Company (IHC). 50 percent of Kalyon Energy, which carries out the renewable energy generation activities of the holding, was sold to Abu Dhabi IHC for 1.8 billion dirhams, or approximately 490 million dollars.

Kalyon Holding plans to expand the projects of Kalyon Energy with its sales revenue, and also to increase the production capacity of Kalyon PV from 1000 MW to 2000 MW.

Making a statement on the subject, Kalyon Holding Chairman of the Board, Cemal Kalyoncu, emphasized that the agreement was of great importance on a regional scale.

Cemal Kalyoncu said, “The steps we have taken in the energy sector and the investments we have made have attracted the attention of foreign investors until today. At the end of the meeting and mutual evaluation with IEH, we agreed to transfer 50 percent of Kalyon Enerji shares. This togetherness will be one of the most important milestones for Kalyon Holding to become a global brand. With this historical signature, which is an indicator of the trust in our institution and our country, we aim to deepen in strategic areas such as construction, energy and aviation, and to enter new areas such as food; We will continue to proudly wave the flag of our holding and Turkey in different geographies, and contribute to the economy, growth and employment by investing more in our country. As climate change is the defining challenge of our age,

TARGET 2000 MW

Expressing that the agreement will be a great source of foreign currency for Turkey, Cemal Kalyoncu also stated that Kalyon PV will be used in new solar and wind energy generation investments with the increase of its current production capacity from 1000 MW to 2000 MW.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

TMSF postpones Sivas Demir Çelik tender to october

Tuesday, September 1, 2026

İSO Türkiye Manufacturing PMI rose to a three-month high in August

Tuesday, September 1, 2026

Turkish economy grew by 2.3% in the second quarter

Tuesday, September 1, 2026

Germany's budget deficit increased to EUR71.3 billion in the first half of the year

Tuesday, August 25, 2026

Trump’s steel tariffs weaken support for independence in Quebec

Saturday, August 22, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now