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Cakmak Advises on Afsin Elbistan (A) Thermal Power Plant Sale

Cakmak Advises on Afsin Elbistan (A) Thermal Power Plant Sale

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Cakmak has represented the shareholders of Erg-Verbund Elektrik, the owner of the operational rights of Turkey's Afsin Elbistan (A) Thermal Power Plant, on the USD 200 million sale of all its shares to Celikler Group.

The deal closed on May 25, 2018 following the approval of Turkey's Ministry of Energy and Competition Authority. 

The Cakmak team consisted of Partners Mesut Cakmak and Naz Bandik Hatipoglu, as well as Associates Gulsen Engin and Ayse Eda Bicer.

 

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