Fiba Yenilenebilir Enerji

What Fiba Yenilenebilir Enerji does

Fiba Yenilenebilir Enerji Holding A.Ş. (dba Fiba Renewables) is a Turkish renewable energy holding company founded in 2007 as a subsidiary of Fiba Holding, a diversified conglomerate established in 1987 by Hüsnü Özyeğin. The company develops and operates a 731 MW portfolio consisting of 10 wind power plants with 209 turbines, 5 solar power plants, and 4 hybrid wind-solar plants across multiple sites in Turkey. It prevents an estimated 1 million tons of carbon emissions annually. The operating structure is built on 18 wholly-owned electricity generation SPVs, each holding project-level assets and licenses, consolidated under the holding entity.

The business model combines generation with electricity trading and direct supply. Generation output is sold through wholesale channels and through Cerean Enerji A.Ş., a wholly-owned subsidiary that obtained an Electricity Wholesale License in 2009 and supplies eligible (free) consumers — large industrial and commercial buyers in Turkey's liberalized electricity market — under customized usage-based tariffs billed monthly. Cerean also engages in spot and long-term bilateral agreement trading in domestic and cross-border markets, supported by proprietary forecasting and analysis models. The company is not listed and does not publicly disclose revenue, relying instead on its relationship with Fiba Holding (a group of ~13,000 employees across 72 companies) for capital and governance.

Operationally the company holds ISO 9001, 14001, 45001, and 50001 certifications, ISO 14064-1:2018 greenhouse gas verification, and is a signatory to the UN Global Compact (2021), Science Based Targets Initiative (2023), Carbon Disclosure Project (2023), and Women's Empowerment Principles (2019), with industry memberships in TÜSİAD, DEİK, TÜREB, BCSD Türkiye, and GÜNDER (joined 2024). GTM is sales-led and direct: enterprise sales to eligible consumers and bilateral counterparty trading, with a customer service line (444 27 96) for Cerean Enerji subscribers.

Name

Fiba Yenilenebilir Enerji

Legal name

Fiba Yenilenebilir Enerji Holding A.Ş.

Website

https://fibaenerji.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Fiba Yenilenebilir Enerji is a Turkish renewable energy holding company operating 731 MW of wind, solar, and hybrid power plants, trading electricity through its Cerean Enerji subsidiary to eligible consumers and wholesale market participants across domestic and cross-border markets.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation and Trading

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

akta.pro primary industry

Onshore Wind Power Generation (Utility-Scale) (EUACAFAA)

akta.pro secondary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

• Renewable energy generation
• Wind power plants
• Solar power generation
• Electricity wholesale trading
• Hybrid power plants

Headquarters

HQ city

Üsküdar

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Electricity Generation: Generation of electricity from wind, solar, and hybrid renewable energy power plants. Company operates 10 wind power plants (209 turbines), 5 solar power plants, and 4 hybrid power plants with total installed capacity of 731 MW.
2. Electricity Trading and Sales: Cerean Enerji brand engages in sale of electric power to eligible consumers, bilateral agreements, and domestic and cross-border electricity trading. Company offers innovative tariffs and campaigns, spot and long-term bilateral agreement pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Fiba Yenilenebilir Enerji generates electricity from 10 wind power plants (209 turbines), 5 solar power plants, and 4 hybrid wind-solar power plants with a total installed capacity of 731 MW across Turkey. Through its Cerean Enerji brand, the company sells electricity directly to eligible (free) consumers and engages in wholesale electricity trading via bilateral agreements and spot markets in domestic and cross-border markets, offering customized tariffs, risk management, and innovative pricing products.

Product overview

Fiba Yenilenebilir Enerji operates a diversified renewable energy portfolio consisting of four core product lines: Wind Power Plants (10 facilities with 209 turbines), Solar Power Plants (5 facilities), Hybrid Power Plants (4 combined wind-solar facilities), and Electricity Sales through its Cerean Enerji subsidiary. The company generates clean energy from 100% renewable sources and engages in electricity trading, offering customized tariffs and energy management services to both eligible consumers and in bilateral agreements across domestic and cross-border markets. With a total installed capacity of 731 MW, the integrated portfolio enables the company to provide reliable renewable energy supply and electricity trading services throughout Turkey.

Differentiator

Problem solved

Functional benefit

Brands

• Cerean Enerji: Electricity sales and trading brand engaged in sale of electric power to eligible consumers, purchase and sale of electricity through bilateral agreements in domestic and cross-border markets. Cerean Enerji A.Ş. obtained Electricity Wholesale License in 2009.

Products and services

• Wind Power Plants (Rüzgâr Enerjisi Santralleri)
• Solar Power Plants (Güneş Enerjisi Santralleri)
• Hybrid Power Plants (Hibrit Enerji Santralleri)
• Cerean Enerji Electricity Sales and Trading

Quantifiable outcome

• 731 MW installed power capacity
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered minor and core.

• GÜNDER (Turkish Section of International Solar Energy Society)minorStrategic or Co-development Partner · 1 January 2024International NGO promoting solar energy and sustainable energy future. Fiba Renewables member since 2024, collaborating with organizations supporting solar energy use.
• Küresel İlkeler Sözleşmesi İmzacıları DerneğiminorStrategic or Co-development Partner · 1 January 2023Association established by UN Global Compact Türkiye Network to monitor participant activities in 69 countries with over 18,000 company signatories. Fiba Renewables member since 2023.
• Carbon Disclosure Project (CDP)coreStrategic or Co-development Partner · 1 January 2023Non-profit organization running global environmental reporting system. Fiba Renewables participant since 2023, sharing climate action statements through CDP platform.
• Science Based Targets Initiative (SBTi)coreStrategic or Co-development Partner · 1 January 2023Initiative helping companies set emission reduction targets aligned with climate science and Paris Agreement. Fiba Renewables signatory since 2023, committing to 1.5°C limit.
• United Nations Global CompactcoreStrategic or Co-development Partner · 1 January 2021UN Global Compact signatory since 2021, aligning strategies with 10 Principles in human rights, labor, environment, and anti-corruption while supporting Sustainable Development Goals. Fiba Renewables commits to universal sustainability principles.
• Business Council for Sustainable Development Türkiye (BCSD Türkiye)minorStrategic or Co-development Partner · 1 January 2021Regional network of World Business Council for Sustainable Development in Turkey since 2004. Fiba Renewables member since 2021, integrating sustainability into business strategies.
• Women's Empowerment Principles (WEPs)coreStrategic or Co-development Partner · 1 January 2019UN Women initiative providing implementation guidance for private sector gender equality. Fiba Renewables signatory since 2019, supporting women's empowerment in business.
• TÜSİAD (Turkish Industry and Business Association)minorStrategic or Co-development PartnerVoluntary business organization founded 1971 by Turkey's leading entrepreneurs. Fiba Renewables actively participates in various working groups.
• Turkish Wind Energy Association (TÜREB)minorStrategic or Co-development PartnerUmbrella NGO working to harness wind potential for economic benefit. Fiba Renewables contributes to wind energy sector development through working groups.
• Foreign Economic Relations Board (DEİK)minorStrategic or Co-development PartnerOrganization since 1985 enabling Turkish private sector international activities in foreign trade and investment. Fiba Renewables maintains membership for overseas investment opportunities.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Galata Wind Enerji: Turkish wind-focused IPP listed on Borsa Istanbul. Comparable as a pure-play wind generator of similar scale in Turkey, providing a direct public-market benchmark for valuation and operational metrics.
• Polat Enerji: Turkish family-owned renewable IPP operating wind and solar plants. Comparable in asset mix and being a private, non-listed domestic peer competing for the same Turkish market opportunities.
• Kolin Enerji: Turkish EPC and IPP operator with renewable generation assets. Comparable as another construction-conglomerate-backed renewable player in Turkey with overlapping wind/solar exposure.
• Sanko Enerji: Renewable energy arm of Sanko Group operating wind and solar plants in Turkey. Closely comparable in being a conglomerate-backed renewable IPP with diversified generation assets and a similar Turkish market focus.
• Limak Enerji: Turkish conglomerate-affiliated power producer with renewable and conventional generation assets. Comparable in operating multiple power plants in Turkey and participating in both generation and trading.
• IC İçtaş Enerji: Turkish infrastructure group with renewable energy generation operations. Comparable as a private, conglomerate-backed renewable IPP competing in the same domestic market.
• Enerjisa Üretim: Turkey's largest private power producer with diversified wind, solar, and hydro assets plus wholesale operations. Most directly comparable Turkish renewable IPP, listed on Borsa Istanbul, providing public-market reference points for Fiba's asset base and trading business.
• Borusan Enerji: Renewable energy arm of Borusan Holding operating wind and solar assets in Turkey. Comparable as another large Turkish conglomerate-affiliated renewable IPP with similar scale and asset diversification.
• Akfen Yenilenebilir Enerji: Pure-play Turkish renewable IPP (wind, solar, hydro) backed by Akfen Holding and listed on Borsa Istanbul. Highly comparable in asset mix, Turkish market exposure, and conglomerate-parent structure.

Emerging players

• Aytemiz Elektrik: Turkish electricity retail and trading company competing with Cerean Enerji for eligible consumer business. Comparable on the trading/supply side rather than the asset-heavy generation side.

Market position

Strengths2 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/949474
• Facebookfacebook.com/Fibayenilenebilirenerji

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiba Yenilenebilir Enerji