Aydem Renewables, the company with the largest installed capacity in Türkiye that generates energy exclusively from renewable sources, has increased its installed power to 1,168 MW with the investment thrust it has accomplished in the first 9 months of 2023.
Growing strongly and steadily, Aydem Renewables has achieved earnings before interest, tax, depreciation and amortization (EBITDA) of TL 2 billion 867 million 406 thousand and has increased its asset size to TL 36 billion 639 million 655 thousand.
Our company continues its strong growth in 2023 with value-added-oriented investments. The success of our company, which has demonstrated a stable performance in every quarter of the year, was also reflected in the financial results.
Serdar Marangoz: "We have increased our installed capacity by 14.5 percent.”
Evaluating the 9-months results of 2023, our General Manager Serdar Marangoz said: "Our production has accelerated with our hybrid Solar Power Plant and wind capacity increase investments that we have commissioned in the first 9 months of the year. In addition to the largest hybrid SPP investment in Türkiye in February, we have also commissioned the largest purple bladed turbines of Türkiye in Uşak, as 9 in June and 2 in August, each with a power of 6 MW. As the result of our investment thrust, we have increased our installed capacity by 14.5 percent in the first 9 months of the year, deriving the total installed capacity of our portfolio to 1,168 MW. In the first half of the year, we have uprisen our total assets to TL 36 billion 639 million 655 thousand. In the first 9 months of the year, we have reached TL 2 billion 867 million 406 thousand in EBITDA thanks to our 99.6% availability level that we have maintained in our power plants as well as our effective portfolio management. We shall soon commission our turbines with a total installed capacity of 48 MW in Söke and Uşak and we will continue to increase our installed capacity steadily within the framework of our investment plan."