SOURCE: Industrial Info Resources

Industrial Info Resources

January 03, 2013 06:30 ET

Turkey Sells 600-Megawatt Seyitomer Lignite-Fired Plant for $2.25 Billion, an Industrial Info News Alert

ISTANBUL, TURKEY--(Marketwire - Jan 3, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Turkey's Privatization Authority sold the operating rights of its lignite-fired Seyitomer Power Plant for $2.25 billion. Among the 16 firms bidding for privatization tender, Turkey's Celikler Insaat placed the highest offer for the 600-megawatt plant. This marks the highest offer placed in 2012, regarding power grid privatizations. In December alone, Turkey sold Bogazici EDAS and Gediz EDAS operating rights for $1.96 billion and $1.23 billion, respectively.

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