MARGÜN ENERJİ ÜRETİM SANAYİ VE TİCARET A.Ş. Finansal Duran Varlık Edinimi 24 Mart 2025

Margün Enerji Üretim Sanayi ve Ticaret A.Ş. has signed a share transfer agreement with Mr. Haydar Arda ÇAKMAK on March 24, 2025, to acquire 100% of the shares of RSC  Elektrik Üretim İnşaat Turizm A.Ş. This acquisition aligns with Margün Enerji's  goal of increasing its investments in the renewable energy sector and  fulfilling its public offering commitments. RSC Elektrik owns the RSC-1 Seferihisar Geothermal Power Plant, which has an installed capacity of 12 MWm and was developed and established under the Electricity Market Licensing Regulation. As per the agreement, all revenues from the company will belong to us as of June 30, 2024.

An agreement has been reached with Mr. Haydar Arda ÇAKMAK for the purchase, at a price of 16,000,000 USD (TRY 605,603,200.00)

The renewable energy-based power plant subject to the sale is located in İzmir and is currently in operation, with a total installed capacity of 12.00 MWm.

The electricity generated by this plant has been sold under a government purchase guarantee in accordance with Law No. 5346 on Renewable Energy Sources (Renewable Energy Sources Support Mechanism Law) at a price of 12.50 USD cents/kWh (including the local content incentive) for five years as of the acceptence date. For the remaining years, the electricity will be sold at 10.50 USD cents/kWh. In 2025, approximately 51,335,683 kWh of production and 6,416,960 USD (TRY 242,883,219) of sales revenue are expected from these plants, with an estimated EBITDA of approximately 3,578,796 USD (TRY 135,458,144).

As of December 31, 2024, our company's total installed capacity in the solar power plant (SPP) portfolio was 118.03 MWm. With the acquisition of a 12.00 MWm geothermal power plant this year, our total installed capacity will increase to 130.03 MWm. Additionally, Margün Enerji is the largest shareholder of Enda Enerji Holding A.Ş., which operates a total of 200.04 MWm of power plants, including 4 hydroelectric power plants, 5 wind power plants, 1 geotherma power plants , and 3 solar power plants.

As a result of this acquisition, our company's total installed capacity, including its subsidiaries, will reach 330.07 MWm.

The acquisition transactions will be finalized after the completion of the transfer procedures.

It is announced to the public and our investors with respectfully. 

This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish  and the English versions of this disclosure statement, the Turkish version shall prevail.