5/5/2010

Boydak Holding to invest USD 1 billion in renewable energy

 

Haberturk - Memduh Boydak, CEO of Boydak Holding stated that they will invest USD 1 billion in the renewable energy sector within two years.

 

 “We’ll make 40 percent of this investment with our equity capital”, said Boydak, outlining their growth plans. Boydak pointed out that they are aiming to grow by 11 percent, getting TRY 4 billion revenue and increasing employment and investment figures in 2010. Stating that Boydak Holding is an investment-oriented group, Boydak said that they have been carrying out studies in the energy field for a long time and are waiting for the right time to make an investment.

Turkey; investment; renewable energy; energy sector; Boydak

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