Yegin Ciftci Attorney Partnership has advised Alcazar Energy Partners, an independent developer and power producer focused on renewable energy generation across the META region, on the acquisition of Yander Elektrik, a company holding a wind power plant license in the western region of Turkey Izmir, Mersinli. The sellers were individual shareholders, represented by sole practitioner Guliz Ucar.
The deal closed on May 17, 2017 following clearance from Turkey's Energy Market Regulatory Authority.
The Yegin Ciftci team was led by Partner Itir Sevim-Ciftci and Mete Yegin, with assistance from Senior Associates Deniz Gocuk and Irem Su. The team advised Alcazar Energy Partners on the negotiation of the share purchase agreement, obtaining clearance from the Energy Market Regulatory Authority, and completing the share transfer.
