In line with its goal to expand investments in the renewable energy sector, Margün Enerji Üretim Sanayi ve Ticaret A.Ş. completed the acquisition of 100% of the shares of RSC Elektrik Üretim İnşaat Turizm A.Ş. in 2025. The company was established and licensed under the Electricity Market Licensing Regulation and owns the RSC-1 Seferihisar Geothermal Power Plant with an installed capacity of 12 MWm.
In line with the decision of our Company`s Board of Directors dated July 8, 2025, an application has been submitted to the Energy Market Regulatory Authority (EMRA) for the installation of an integrated Hybrid Solar Power Plant (5.4 MWm installed capacity) to the existing RSC-1 Seferihisar Geothermal Power Plant with an installed capacity of 12 MWm.
With the integrated investment of a 5.4 MWm Hybrid Solar Power Plant into the RSC-1 Seferihisar Geothermal Power Plant, the installed capacity of our geothermal facility will increase by approximately 50%, reaching 17.40 MWm. This investment is expected to generate an additional 10,000,000 kWh of electricity annually and approximately USD 1,050,000 (TRY 41,896,995) in additional sales revenue.
After approval of our application for the installation of the Hybrid Solar Power Plant by the Energy Market Regulatory Authority (EMRA), our total installed capacity will increase to 135.43 MWm. Additionally, Margün Enerji is the largest shareholder of Enda Enerji Holding A.Ş., which operates a total of 200.04 MWm electricity generation capacity consisting of 4 hydroelectric, 5 wind, 1 geothermal, and 3 solar power plants. If this application is approved, the total installed capacity of our company together with its group companies will reach 335.47 MWm.
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.