Ecogreen Energy Public Offering Started Today: An Opportunity for Investors!

Ecogreen Energy IPO Details

As an important player in the renewable energy sector in Turkey, Ecogreen Energy Holding A.Ş. has started its IPO process, attracting the attention of investors. Led by Gedik Investment, the IPO, which started today, will be carried out using the “Fixed Price Demand Collection” method on October 22-23-24, 2025. The determined selling price per share has been announced as 10.40 TL.

Capital Increase and Targeted Revenue

The company aims to increase its current capital from 430 million TL to 540 million TL in the IPO, with 110 million TL nominal value shares being offered to investors on Borsa Istanbul. The total size of the IPO is expected to be approximately 1 billion 144 million TL, and it is anticipated that the net revenue generated during this process will be around 1 billion 73 million 606 thousand TL.

Investment Plans and Allocation Areas

70% of the net revenue obtained from the IPO will be allocated to investment financing, 20% to debt repayments, and the remaining portion will be utilized for working capital. Osman Uğurlu, the chairman of the board, describes this process as a significant step for Turkey’s energy independence and sustainable growth goals:

“We believe in the importance of investing in renewable energy sources to build a sustainable future. With our IPO process, we aim to involve our stakeholders in this green transformation and strive for a cleaner world.”

Financial Performance and Future Vision

In the first half of 2025, the company's net sales reached 3 billion 342 million TL, marking a record increase of 111% compared to the same period last year. Additionally, total assets have exceeded 29.5 billion TL. Uğurlu emphasizes that the IPO will contribute to the growth momentum:

“We will continue to pursue projects that support Turkey’s independence through our energy investments.”