Aydem Energy will invest 2 billion dollars in electricity distribution over 5 years.

Aydem Energy's Major Investment Move

Aydem Energy's CEO Serdar Marangoz shared the company's future vision and investment plans during an interview with Bloomberg HT. Marangoz announced that a total investment of 2 billion dollars will be made in electricity distribution over the next 5 years.

Expectations and Targets

CEO Marangoz stated that they expect a revenue of 4 billion dollars and 1 billion dollars EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) by the end of 2023. He also mentioned that the company has a 700 megawatt investment pool in solar and wind energy.

Renewable Energy Investments

Marangoz emphasized that they aim to increase capacity in solar and wind energy investments within 2 years. These investments will contribute to Aydem Energy's sustainable energy goals.