Regarding our Energy Storage investment, which we also mentioned in our public offering prospectus, our company and one of the leading energy storage companies in China and ranked as Tier-1 in the BNEF list listed CALB Group Co., Ltd. (‘CALB`) to be used on grid and industrial scale to support energy supply security and strengthen energy infrastructure A 5-year agreement covering strategic cooperation that will lead the industry in the production, technology development and sales of battery energy storage systems signed.
Within the scope of the agreement, the production of battery technologies and systems is planned in Turkey. CALB will provide technology for battery, container integration and battery cell procurement processes and will carry out the production infrastructure compliance process of our company.
In line with our global growth strategies, this agreement will make a significant contribution to increasing our company`s production capacity and strengthening our sales and marketing activities in international markets.
CALB is listed as a Tier-1 producer by Bloomberg New Energy Finance (BNEF) and a Tier-1 Energy Storage Supplier by Shanghai Metal Market (SMM) (as of Q4 2024).
We present it to the information of the public and our investors.
This statement has been translated into English for informative purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure, the Turkish version shall prevail.
