Akfel is focused on increasing its capacity of renewable energy investments and electricity trading.

Enerjim is advancing steadily towards becoming a potent regional player by leveraging Turkey’s energy hub position between Europe and Asia.

Akfel is actively involved in Turkey’s power market. The Company’s undertakings in this business line focus primarily on increasing the capacity of renewable energy investments and electricity trading.

A fully owned Akfel company-Turen Energy–entered the renewable energy market as an investor in 2009. Today, Turen Energy contributes to the national economy by generating energy with a hydroelectric power plant portfolio. The Company focused on diversifying its investment portfolio especially with solar energy and other renewables. Another renewable energy business line on which Akfel is concentrating is that of solar power, whose legal framework in Turkey is recently developed among other energy sources.

Merk Solar, one of the pioneers of Turkey’s solar power industry, develops turnkey projects whose aim is to transform Turkey’s solar power potential into economic benefit. Having several track records, Merk Solar will enlarge its EPC portfolio with ongoing projects.

Merk Solar built and commissioned the first solar power plant in Turkey, which was authorized to issue invoices without a generation license. Merk Solar is also one of the first players of the sector to venture abroad by taking part in international projects.

Enerjim, which began import, export, wholesale trading and sales to end users in 2010, concentrates on supplying its customers and business partners with superior-quality and competitive services. The Company holds a 20-year power supply license under which it sells electricity to any type of eligible consumers like industrial or commercial subscribers and households.

Enerjim supplies its customers with price-efficient tariffs. The Company originates energy from Akfel’s renewable energy generation portfolio, from long-term bilateral contracts with partners based in Turkey and via cross-border trades at Bulgaria, Greece and Georgia borders.

Enerjim is one of the first companies to engage in the cross-border electricity trade between Turkey and European countries that began in 2011. Enerjim exported electricity to Bulgaria in June 2011 as its first cross-border delivery. The Company has been importing electrical power from Greece and Bulgaria since 2011. Enerjim is one of the first in Turkey to begin importing power from Georgia with a long-term agreement after the commissioning of a transmission line between the two countries in 2014. As a result of such developments, Enerjim is advancing steadily towards becoming a potent regional player.

Enerjim is one of the pioneer cross-border trading companies over the ENTSO-E interconnection with its European counterparties since June 2011. Furthermore, commercial cross-border trades between Georgia and Turkey via the Borçka-Akhaltsikhe transmission line started in 2014. Since then, Enerjim has taken its place as one of the first importers from Georgia.

As one of the founding shareholders in EPİAŞ, Enerjim will continue to support the development of energy markets in Turkey.

Combining Akfel’s energy market knowledge and experience with its own competencies, Enerjim further boosted its competitive strength by becoming a party to Turkey’s longest-term gas/electricity swap agreement in 2013. Under this agreement, the natural gas that Akfel imports is converted into electricity in high-efficiency power plants and supplied to Enerjim customers.

Enerjim takes an effective risk management approach, in order to manage its eligible-consumer portfolio and energy supply alternatives in the context of Turkey’s dynamically changing market conditions. Having steadily grown that portfolio over the years, the company enjoys a reputation as a trusted supplier in every province. Enerjim today generates high added value for the national economy by supplying electricity to large numbers of subscribers in 81 cities at sustainably competitive rates.

Having supported the growth and development of the over-the-counter electricity trades in Turkey, Enerjim is one of the most active players in the market. The Company has made it possible for consumers to obtain the most economically-priced power by helping to increase that market’s depth.

As one of the founding shareholders in EPİAŞ (Energy Exchange Market), whose incorporation was completed in March 2015. Enerjim will continue to support the development of energy markets in Turkey.

Employing a staff of professionals with extensive knowledge and experience of electricity market regulations, Enerjim provides a wide range of commercial and operational solutions, while also tailoring terms precisely according to customers’ profiles. Enerjim benefits from the store of knowledge and experience that has accumulated within Akfel in the course of many years of operations in the international arena.