GAMA Enerji Board Member and General Manager Tamer Çalışır: “We undertook the first bot power plant construction in Türkiye as GAMA Group. As GAMA Enerji, we implemented the first digital power plant, the first transaction in the future electricity and natural gas markets in Türkiye. Although it is among the top 20 in Türkiye with our 1,100 MW installed power, we are ranked 23rd among the energy companies in Türkiye according to Capital Magazine’s 2021 Capital500 research. We take climate change as our focus and plan to shift a large part of our investments to renewable energy in the future. We recently increased the capacity of the 853 MW İç Anadolu Combined Cycle Gas Turbine (ICAN) in Kırıkkale, which has effective production with its flexibility and efficiency in our portfolio, to 870 MW. The transformation of ICAN into a Hybrid Power Plant is one of our most important projects in the recent past…”

Continuing its activities in partnership with GAMA Holding (50.5%), TNB (Malaysia) and IFC and GIF (19.5%), which are among the leading companies in the Turkish energy sector, GAMA Enerji celebrated its 20th anniversary with its partners and employees at a meeting held in the GAMA Building on October 31, 2022.

At the meeting, the Chairman of the Board of Directors of GAMA Holding and Deputy Chairman of the Board of Directors of GAMA Enerji İ. Ömer Tunçata, Deputy Chairman of the Board of Directors of GAMA Holding and Chairman of the Board of Directors of GAMA Enerji Hakan Özman and GAMA Enerji Board Member and General Manager Tamer Çalışır made important evaluations on the company’s goals and expectations for the first 20 years of the company.

İ. Ömer Tunçata, Chairman of the Board of Directors of GAMA Holding and Deputy Chairman of the Board of Directors of GAMA Enerji:

Chairman of the Board of Directors of GAMA Holding and Deputy Chairman of the Board of Directors of GAMA Enerji İ. Ömer Tunçata, in his speech describing GAMA Enerji as a value of the Republic of Türkiye, said the following; “GAMA Enerji is a value of the Republic of Türkiye that was established 20 years ago with a visionary perspective and has become an international company today. The foundation of the company was formed by the first Build-Operate-Transfer (bot) model Birecik Dam, Marmara Ereğlisi Combied Cycle Gas Turbine and İzmit water projects. These are giant projects of that period and these projects allowed GAMA Holding to step into investment. GAMA Enerji, which continues its path successfully in Türkiye and international platforms even in the most difficult conditions, has gained a very important place in the sector with its respectful stance towards people, society and the environment. The company’s 20 years of success is a source of pride for us. We all have faith that he will continue on his way successfully in the next period.”

Deputy Chairman of the Board of Directors of GAMA Holding and Chairman of the Board of Directors of GAMA Enerji A. Hakan Özman:

Deputy Chairman of the Board of Directors of GAMA Holding and Chairman of the Board of Directors of GAMA Enerji Hakan Özman in his speech: “GAMA Enerji is a great success story and a source of pride. After the establishment of GAMA Enerji in 2002, it has become an international company with new assets and foreign partners in 20 years. In these 20 years, there have been very difficult days and great crises, but our friends have never lost their faith. Looking ahead, with agendas such as sustainability, the global energy crisis, and climate change, I see that GAMA Enerji still has a lot of work to do. I believe that GAMA Enerji will continue its achievements,” he said.

GAMA Enerji Board Member and General Manager Tamer Çalışır:

GAMA Enerji Board Member and General Manager Tamer Çalışır stated that as GAMA Enerji, they have achieved the firsts in Türkiye, the first bot plants in Türkiye were built by GAMA Group and then transferred to GAMA Enerji company and said: “We undertook the first bot plant construction in Türkiye as GAMA Group. As GAMA Enerji, we implemented the first digital power plant, the first transaction in the future electricity and natural gas markets in Türkiye. Although it is among the top 20 in Türkiye with our 1,100 MW installed power, we are ranked 23rd among the energy companies in Türkiye according to Capital Magazine’s 2021 Capital500 research. We take climate change as our focus and plan to shift a large part of our investments to renewable energy in the future. We recently increased the capacity of the 853 MW İç Anadolu Combined Cycle Gas Turbine (ICAN) in Kırıkkale, which has effective production with its flexibility and efficiency in our portfolio, to 870 MW. The transformation of ICAN into a hybrid power plant is one of our most important projects in the recent past… ”

Giving information about the Jordan Water Project, Çalışır said; “The Jordan Water Project, which is carried out by GAMA Enerji, is one of the most important water resources in the region. The Ministry wants us to increase the capacity by 20 percent in a very short time. We will close the transaction with 100 million m3 this year with 108.6 million m3 and we aim to increase it to 120 million m3 as soon as possible.”

Stating that they will reach a turnover of $1 billion as GAMA Enerji in 2022, Çalışır said, “The total of GAMA Enerji’s investments is around $1.9 billion today. Of this, $530 million has been invested as equity by GAMA Enerji partners. Since 2022, we have paid $1 billion in debt, of which $480 million is principal, and the rest is interest. The remaining debt is $900 million. We reduced our debt EBITDA multiplier to 6 figures. Our goal is to reduce the number to 3. Then we want to get into new projects by getting into debt again.” and thanked the partners, the board of directors, and all employees for their participation and ended his speech.