We signed a contract with the subsidiaries of Medical Park Hospitals Group, one of Turkey`s leading healthcare organizations, under the Build-Operate-Transfer (ESCO) model for the development, installation and financing of solar power plants in three different regions in Turkiye.
These solar power plants, all of which are planned to be commissioned within a year and will be financed by YEO Technology, will be transferred to MLP Healthcare Group at the end of the 5-year operation period. The total amount to be collected during the operation period is estimated to be approximately 29 million USD including VAT.
With the green energy to be provided from the power plants to be installed, all of the electricity consumption of MLP Group`s hospitals in Samsun and Gaziantep and Istinye University will be met from renewable energy sources.
As YEO Technology, we have made a strong entry into this field with the previously announced ESCO contract with a capacity of 120 MWp, which will be implemented to meet Vodafone`s domestic consumption needs. This new contract signed with MLP Healthcare Group once again proves our competence in the ESCO model, which we have undertaken the financing, implementation and operation responsibility, and shows that we continue our growth and differentiation in this field with determination.
