Aksa Elektrik
Aksa Elektrik is a Turkish regulated electricity distribution and retail company operating through Çoruh EDAŞ, Fırat EDAŞ, and two retail subsidiaries, serving 4 million people across 9 provinces. It is expanding internationally via 30-year concessions in Uzbekistan covering 10 million people.
- Company typePrivate
- Founded2002
- HeadquartersBeykoz
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Aksa Elektrik does
Aksa Elektrik Perakende Satış A.Ş. is a Turkish regulated electricity distribution and retail company operating as a wholly-owned subsidiary of Kazancı Holding. The company operates two distribution subsidiaries — Çoruh EDAŞ covering the Eastern Black Sea region (Artvin, Giresun, Gümüşhane, Rize, Trabzon) and Fırat EDAŞ covering Eastern Anatolia (Elazığ, Bingöl, Malatya, Tunceli) — together serving 9 provinces, 101 districts, and 3,521 villages across roughly 66,916 km². Its infrastructure comprises 115,389.69 km of distribution lines and 27,974 transformers, delivering 6.8 billion kWh annually to approximately 4 million people and 2.5 million+ end users.
Aksa Elektrik's underlying technology stack centers on SCADA-enabled remote monitoring and control of the distribution grid down to the consumer connection point, with progressive automation of medium-voltage switching nodes. The company holds ISO 14001 (environmental management), ISO 14064-1 (GHG emissions reporting), ISO 14046 (water footprint), and ISO/IEC 27001 (information security) certifications. Retail operations are run through Aksa Çoruh Perakende Satış and Aksa Fırat Perakende Satış as licensed supply companies, including a green-electricity retail offering for renewable-sourced supply.
The business model is structured around two regulated revenue streams: (1) managed-services distribution revenue under EPDK-regulated tariffs through Çoruh EDAŞ and Fırat EDAŞ, and (2) subscription/recurring retail electricity sales totaling 6.02 TWh in 2024 with a customer mix of 55% residential, 28% commercial, 14% industrial, and 3% other. Distribution and retail were legally separated in 2013. Go-to-market is direct field sales through the four regional subsidiaries; the 2030 Global Strategy layer adds GES solar generation, storage-integrated solar projects, energy trading, and international expansion. The company filed an Offering Circular with the Capital Markets Board of Turkey in October 2024 and is publicly listed on Borsa İstanbul.
Aksa Elektrik firmographics
Firmographics- Name
- Aksa Elektrik
- Legal name
- Aksa Elektrik Perakende Satış A.Ş.
- Website
- https://aksaelektrik.com.tr
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Aksa Elektrik is a Turkish regulated electricity distribution and retail company operating through Çoruh EDAŞ, Fırat EDAŞ, and two retail subsidiaries, serving 4 million people across 9 provinces. It is expanding internationally via 30-year concessions in Uzbekistan covering 10 million people.
- Ownership category
- akta.pro rank
Aksa Elektrik industry classification
Industry- NAICS
- Electric Power Transmission, Control, and Distribution (22112), Electric Power Distribution (221122), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)
- akta.pro secondary industries
- Distribution System Hardening & Resilience Upgrades (EUAEACAK), Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization) (EUAEACAN), Telecom, SCADA & OPGW/Fiber Integration for T&D Projects (EUAEABAG)
Keywords
Where Aksa Elektrik is headquartered
LocationHeadquarters
- HQ city
- Beykoz
Offices10 records
Markets served
Aksa Elektrik business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Electricity Distribution Services: Regulated electricity distribution services through Çoruh EDAŞ and Fırat EDAŞ covering 9 provinces, 101 districts with total distribution network of 115,389.69 km lines and 27,974 transformers. Revenue derived from regulated distribution tariffs.
- Electricity Retail Sales: Electricity retail services as licensed suppliers within regulated electricity market through Aksa Çoruh and Aksa Fırat retail companies. Total electricity sales volume of 6.02 TWh as of 2024. Customer portfolio comprises 55% residential, 28% commercial, 14% industrial, and 3% other segments.
- Green Electricity Retail: Renewable energy-sourced green electricity retail services enabling customers to make environmentally responsible energy choices, contributing to carbon emission reduction
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Aksa Elektrik product offering
Product offeringCore offering
Aksa Elektrik is a licensed electricity distribution and retail supplier operating under Turkey's Energy Market Regulatory Authority (EPDK). Through its subsidiaries Çoruh EDAŞ and Fırat EDAŞ it distributes electricity across 9 provinces and 101 districts in Eastern Turkey via 115,389.69 km of lines and 27,974 transformers, and through Aksa Çoruh Perakende Satış and Aksa Fırat Perakende Satış it sells electricity to approximately 2.5 million subscribers across residential, commercial, industrial, and other segments. The company also offers green/renewable electricity retail and is expanding distribution operations into Uzbekistan.
Product overview
Aksa Elektrik is a leading Turkish energy company operating under Kazancı Holding, providing electricity distribution and retail services through its subsidiaries. The company operates two distribution entities (Çoruh EDAŞ and Fırat EDAŞ) serving 9 provinces across Eastern Black Sea and Eastern Anatolia regions, and two retail companies (Aksa Çoruh Perakende Satış and Aksa Fırat Perakende Satış) serving approximately 4 million people. The 2030 strategy includes planned investments in solar power generation (GES), storage-integrated GES projects, and energy trading for international expansion. The company also operates the 'Gücümüz Yarınlarımız' corporate social responsibility platform focused on children's education and environmental awareness.
Differentiator
Problem solved
Functional benefit
Brands
- Çoruh EDAŞ: Electricity distribution services in Eastern Black Sea region (Çoruh region) covering Artvin, Giresun, Gümüşhane, Rize, and Trabzon provinces
- Fırat EDAŞ
- Aksa Çoruh Perakende Satış
- Aksa Fırat Perakende Satış
- Gücümüz Yarınlarımız
Quantifiable outcome
- Annual electricity distribution volume of 6.8 billion kilowatt-hours
- +3 more outcomes
Companies that use Aksa Elektrik
Customer profileNamed customers4 records
Segments4 records
Aksa Elektrik technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Aksa Elektrik partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Uzbekistan Regional Electric Networks AdministrationflagshipMoU signed for Public-Private Partnership Modernization Project for electricity distribution networks in Uzbekistan. The agreement was signed by Alper Erbaş (Executive Board Member and General Manager of Distribution Companies) and Askarov Asrorjon Akramovich (Deputy Chairman of Uzbekistan Regional Electric Networks Administration). This partnership represents Aksa Elektrik's international expansion strategy under the 2030 Global Strategy framework, leveraging operational expertise from Turkey's challenging geographies.
Scale indicators15 records
Recent moves15 records
Expansion highlights6 records
Aksa Elektrik competitors and assessment
Company assessmentDirect peers
- Enerjisa Enerji: Turkey's largest private electricity distribution and retail company (Sabancı Holding/Enel JV), operating multiple distribution regions including Başkent, AYEDAŞ, and Yeşilırmak EDAŞ. Directly comparable regulated utility model with EPDK licenses, retail supply franchise, and similar geographic coverage of distribution concessions.
- CK Enerji: Çalık and Kolın consortium operating several Turkish electricity distribution companies (Toroslar EDAŞ, AYEDAŞ, Akdeniz EDAŞ, etc.). Direct peer as privatized EPDK-licensed distribution utility with similar tariff-based revenues and regional monopoly structure.
- Limak Yatırım (Uludağ Elektrik Dağıtım): Operates Uludağ EDAŞ as a privatized distribution utility in Turkey. Directly comparable licensed DSO with similar revenue model and EPDK oversight.
- CLK Enerji: Turkish distribution operator active in Uludağ, Trakya, and other provinces under EPDK licenses. Comparable as a privatized post-2006 distribution utility with similar regulatory and operational profile.
- ADM Elektrik Dağıtım (Gediz EDAŞ): Privatized distribution utility serving the Gediz region in western Turkey. Comparable licensed distribution operator with similar EPDK regulatory framework and customer mix.
- OSB Elektrik (OEDAŞ / Osmangazi EDAŞ): Privatized Turkish distribution company in the Osmangazi region, currently under EnergySA portfolio. Comparable EPDK-licensed distribution operator with similar customer base and regulatory exposure.
Regional players
- CEZ Group: Central European vertically integrated utility with distribution and generation across CEE. Comparable as a regional utility expanding from domestic distribution bases into adjacent geographies, mirroring Aksa's Turkey-to-Central Asia expansion.
Broad incumbents
- Enel S.p.A. Global multi-utility with extensive distribution networks across Europe and Latin America. Benchmark for capital-intensive distribution utility operations and international expansion playbook relevant to Aksa's Uzbekistan strategy.
- Iberdrola: Global renewable-led utility with significant distribution and retail operations in multiple geographies. Thematically comparable as a transition story from regulated distribution to renewable generation.
Emerging players
- Kalyon Güneş Teknolojileri: Turkish renewables developer with utility-scale solar projects. Comparable as a domestic energy infrastructure peer with overlapping ambitions in distributed generation that Aksa plans to enter under its 2030 Strategy.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Aksa Elektrik social profiles
Digital presenceAksa Elektrik compliance and trust
Trust signalCompliance4 records
Aksa Elektrik financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aksa Elektrik leadership team
Management profileNumber of profiles
Aksa Elektrik subsidiaries and ownership
Company hierarchySubsidiaries4 records
Aksa Elektrik funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aksa Elektrik M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aksa Elektrik
What does Aksa Elektrik do?
Aksa Elektrik is a licensed electricity distribution and retail supplier operating under Turkey's Energy Market Regulatory Authority (EPDK). Through its subsidiaries Çoruh EDAŞ and Fırat EDAŞ it distributes electricity across 9 provinces and 101 districts in Eastern Turkey via 115,389.69 km of lines and 27,974 transformers, and through Aksa Çoruh Perakende Satış and Aksa Fırat Perakende Satış it sells electricity to approximately 2.5 million subscribers across residential, commercial, industrial, and other segments. The company also offers green/renewable electricity retail and is expanding distribution operations into Uzbekistan.
Is Aksa Elektrik a public or private company?
Aksa Elektrik is a private company. It is currently operating.
When was Aksa Elektrik founded?
Aksa Elektrik was founded in 2002. It employs 251 to 500 people.
Where is Aksa Elektrik based?
Aksa Elektrik is headquartered in Beykoz.
How does Aksa Elektrik make money?
Three revenue lines are on record. Electricity Distribution Services are the primary driver. The others are electricity Retail Sales and green Electricity Retail.
Who are Aksa Elektrik's main competitors?
Direct peers on record are Enerjisa Enerji, CK Enerji, Limak Yatırım (Uludağ Elektrik Dağıtım), CLK Enerji, ADM Elektrik Dağıtım (Gediz EDAŞ) and OSB Elektrik (OEDAŞ / Osmangazi EDAŞ). CEZ Group is listed as a regional player. Broad incumbents are Enel S.p.A. and Iberdrola. Kalyon Güneş Teknolojileri is listed as an emerging player.
Does Aksa Elektrik have an API?
No public API is recorded for Aksa Elektrik.
What industry is Aksa Elektrik in?
Its primary akta.pro industry code is EUADABAA, Investor-Owned Electric Distribution Utilities (IOUs), with a secondary code of EUAEACAK, Distribution System Hardening & Resilience Upgrades. Its NAICS code is 22112 and its SIC code is 4911.