Energy

History

Founded in 2005 within Doğuş Holding, the Energy Department maintains the objective of monitoring all development that concerns, and pertains to, the energy sector, both within Turkey and throughout the region. In addition, the Energy Department will formulate and design strategies for the energy, and energy-related, infrastructure investments that are planned within Doğuş Group. By means of these objectives, Doğuş Energy aims to create profitable, and environmentally friendly, business enterprises.

Since its establishment in 1951, Doğuş Group has retained an array of competitive advantages that are inherent in its structure. Over time, the Group has accumulated considerable experience in energy and mining, and, in particular, in building dams and constructing various power stations.

The energy sector

To maintain the continuity of the economic, sociological, technological progress and expansion of our country, the energy sector must adapt and keep up with this rate of progress. The liberalization process taking place in the sector has underpinned growth, increasing the need for new investments. To that end, it is estimated that the sector will need as much as USD 130 billion in investment in total, to meet an estimated 7% CAGR in demand until 2020.

Within this scope, Doğuş Energy has designated new investment projects and privatizations in the generation and distribution of electricity, as well as the operation of these assets and energy trading as its core areas of business.

Ongoing investments

As a renewable and clean energy source, hydroelectric energy has started to assume greater importance in Turkey. Doğuş Group also bases its future strategies on this premise. The Group obtained licenses to build and operate the Boyabat Hydroelectric Powerplant (513 MW), in which it holds a 34% stake, and the Aslancık Hydroelectric Powerplant (120 MW), in which it holds a 33% stake. In addition, the Group also acquired a 25% share in the D-TES Electric Power Trading Company.

Prospects

Doğuş Energy aims to develop and expand through profitable enterprises, based on clean energy and its infrastructure, while acting in accordance with the current social, economical and geographic developments and maintaining its environmentally friendly perspective.

Outlook

Doğuş Group closely monitors privatization initiatives, in various regions of the country, and monitors the changes expected in the renewable energy regulations. Doğuş Group will continue to operate in the areas of energy generation and in the distribution of electricity. In addition, Energy Department is developing investment plans on prospective projects, and aims to build its total installed capacity up to 1,000-1,500 MW, mainly from renewable resources.