Invest News DetailDünya - Italian Ansaldo Energia is to build a combined cycle gas-fired plant in Turkey’s northwestern province of Kocaeli. Parented by Italy’s foremost defense group Finmeccanica and energy investor First Reverse Corporation, Ansaldo Energia has won the tender to build the 865-MW power plant at a cost of USD 640 million. The plant is to be equipped with Ansaldo Energia’s high efficiency - low emission gas turbines produced in its Genoa plant. According to the long-term deal, Ansaldo Energia will build and operate the plant, the total investment cost of which is expected to reach USD 1 billion. The Italian company is also a 40 percent shareholder of local power company Yeni Elektrik Uretim. The crucial investment to address the energy needs of Turkey’s rapidly growing economy will be financed by Garanti Bank, Isbank and VakifBank and Yapi Kredi Bank.