Sabah – With an ever increasing energy demand, Turkey continues to present huge opportunities in its energy sector. Switzerland-based Partners Group, the global private markets investment manager, has acquired 30 percent stake in Turkish STFA Group’s energy subsidiary, Enerya. The remainder of the Enerya shares will be owned by the Turkish side.
“Turkey’s energy sector will require USD 120 billion of energy investments in the next decade. The JV with Partner Group will enable us to expand our energy business across Turkey..”, according to STFA CEO, Mehmet Ali Neyzi.
Enerya owns and operates nine natural gas distribution firms in several regions in Turkey.
Turkey’s current installed capacity of 62,000 MWs is expected to reach 120,000 MWs in 2023.