Erciyes Enerji Üretim San. ve Tic. A.Ş.

What Erciyes Enerji Üretim San. ve Tic. A.Ş. does

Erciyes Enerji Üretim San. ve Tic. A.Ş. is a privately held Turkish independent power producer (IPP) incorporated on 20 October 2010 as a joint stock company (Anonim Şirket) in Kayseri, Turkey. The company was established by Kayseri ve Civarı Elektrik Türk A.Ş. — historically Turkey's first private electricity distribution company — to enter the electricity generation sector. Its asset base is anchored by 49-year operating rights, acquired through a January 2011 privatization tender conducted by the Privatization Administration (Özelleştirme İdaresi Başkanlığı), for eight hydroelectric power plants (HES) previously operated by Elektrik Üretim A.Ş. (EÜAŞ), spanning Groups 10 and 13 across facilities including Bünyan, Pınarbaşı, Sızır, Çamardı, Derme, Kernek, Erkenek, and Besni.

The company's generation portfolio combines these eight hydroelectric plants with 30 solar energy plants (GES), the latter totaling 20 MW of installed capacity completed by the end of 2017. Beyond generation, Erciyes Enerji lists electricity retail sales, smart grid (Akıllı Şebeke) technology development, and EPC (Engineering, Procurement, Construction) services among its offerings, suggesting an intent to capture value along the electricity value chain. Revenue is generated through transaction-fee-based electricity production and retail sales, with distribution limited to direct injection into the Turkish national grid; the company does not maintain direct consumer sales channels. Registered capital stood at 247,450,000 TL following an April 2020 capital increase, up from initial capital of 25,000,000 TL.

The company is small in headcount (12 employees) and operates entirely within Turkey's Anatolia region. No external institutional investors, private equity backers, or public shareholders are evidenced in available materials, and ownership remains directly with the founding parent entity. Notable secondary signals include the apparent compromise of the corporate website (erciyesenerji.com.tr), whose front page and recent-post listings are populated with unrelated Dutch-language online casino spam dated through 2026 — a material governance/cybersecurity risk indicator for any counterparty diligence.

Name

Erciyes Enerji Üretim San. ve Tic. A.Ş.

Legal name

Erciyes Enerji Üretim Sanayi Ve Ticaret Anonim Şirketi

Website

https://erciyesenerji.com.tr

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Erciyes Enerji is a privately held Turkish independent power producer that operates eight hydroelectric and 30 solar power plants under 49-year privatization-acquired rights, selling electricity into the Turkish national grid and offering retail sales and EPC services.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

akta.pro secondary industries

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

Keywords

• Hydroelectric power generation
• Solar energy production
• Renewable energy generation
• Electricity generation Turkey
• Energy infrastructure EPC

Headquarters

HQ city

Kayseri

HQ country

Türkiye

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D

Revenue model

1. Electricity Production: Generation of electricity through hydroelectric and solar power plants; operates 8 hydroelectric and 30 solar energy power plants
2. Electricity Retail Sales: Retail sale of electricity alongside production activities

Distribution channels1 record

Marketing channels1 record

Core offering

Erciyes Enerji Üretim San. ve Tic. A.Ş. is a Turkish energy generation company that produces and sells electricity through 8 hydroelectric power plants (HES) and 30 solar energy power plants (GES), including the Bünyan, Pınarbaşı, Sızır, Çamardı, Derme, Kernek, Erkenek, and Besni hydroelectric facilities. In addition to power generation, the company offers Smart Grid (Akıllı Şebeke) technology solutions and Engineering, Procurement, and Construction (EPC) services for energy infrastructure projects.

Product overview

Erciyes Enerji Üretim San. ve Tic. A.Ş. is a Turkish energy company offering an integrated portfolio of electricity production and retail sales services. The company operates 8 hydroelectric power plants (HES) and 30 solar energy plants (GES), complemented by smart grid technologies (Akıllı Şebeke) and EPC (Engineering, Procurement, Construction) services. The portfolio includes hydroelectric facilities such as Bünyan, Pınarbaşı, Sızır, Çamardı, Derme, Kernek, Erkenek, and Besni power plants, demonstrating expertise in both hydroelectric and solar renewable energy generation.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Production (Elektrik Üretimi) Generation of electricity through 8 hydroelectric power plants (HES) and 30 solar energy plants (GES), including the Bünyan, Pınarbaşı, Sızır, Çamardı, Derme, Kernek, Erkenek, and Besni hydroelectric facilities, and a 20 MW solar capacity completed by end of 2017. Electricity is supplied to the Turkish wholesale electricity market.
• Electricity Retail Sales (Elektrik Perakende Satış) Retail electricity sales services offered as part of the company's integrated energy offering, complementary to its generation activities.
• EPC Service (EPC Hizmeti) Engineering, Procurement, and Construction (EPC) services for energy infrastructure projects, leveraging the company's experience in operating hydroelectric and solar plants.
• Smart Grid (Akıllı Şebeke) Smart grid technology solutions aimed at modern energy distribution and intelligent production models for future grid requirements.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Kayseri ve Civarı Elektrik Türk A.Ş.coreStrategic or Co-development Partner · 20 October 2010Parent company and founder - Turkey's first private electricity distribution company. Erciyes Enerji was established by this parent company to enter the electricity production sector. The company inherited the institutional culture and accumulated knowledge of its parent organization.

Scale indicators7 records

Recent moves10 records

Expansion highlights4 records

Direct peers

• Aksa Enerji Üretim A.Ş. Turkish independent power producer operating natural gas, wind, and solar plants; directly comparable as a domestic IPP selling into the Turkish electricity market with a multi-technology renewable portfolio.
• Enerjisa Enerji A.Ş. Major Turkish electricity generation and distribution company with renewable (hydro, wind, solar) assets; comparable due to overlapping renewable generation portfolio and presence in the same Turkish wholesale electricity market.
• Kalyon Güneş Teknolojileri Üretim A.Ş. Solar energy developer with utility-scale PV projects in Turkey; comparable as a domestic solar power plant operator contributing to Turkish renewable capacity.
• Polat Enerji Sanayi ve Ticaret A.Ş. Turkish energy company with renewable generation assets; comparable due to participation in the same Turkish wholesale electricity market and renewable focus.
• Akfen Enerji Üretim ve Ticaret A.Ş. Turkish energy company operating renewable and thermal power plants; comparable due to mixed-technology renewable portfolio and Turkish electricity market participation.
• Limak Enerji: Turkish power producer with hydro and renewable assets; relevant peer for direct comparison on Turkish hydroelectric IPP economics and renewable generation.
• Sanko Enerji Sanayi ve Ticaret A.Ş. Turkish IPP operating hydro and natural gas plants; relevant peer given overlapping hydroelectric generation focus and Turkish market exposure.

Broad incumbents

• Çalık Enerji Sanayi ve Ticaret A.Ş. Turkish-based energy company with domestic and international generation assets including renewables; broad incumbent with overlapping hydro/renewable generation.
• EÜAŞ (Elektrik Üretim A.Ş.): State-owned Turkish electricity generation corporation from which Erciyes Enerji acquired its hydroelectric operating rights; comparable as the upstream counterparty and benchmark for hydro generation in Turkey.
• Borusan Enerji Grubu: Larger Turkish industrial conglomerate with power and energy operations including renewables; broader incumbent operating across multiple segments with overlap in power generation.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/erciyesenerji

Revenue estimate

Valuation estimate

Number of profiles

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 Erciyes Enerji Üretim San. ve Tic. A.Ş.