Enerjisa Üretim
Enerjisa Üretim

2022 Annual Report

2021 Annual Report

2020 Annual Report

Presentation

PARTNERSHIP STRUCTURE

At Enerjisa Üretim, we continue our activities with the power and strength we receive from Sabancı Holding, one of Türkiye's leading companies, and E.ON, one of the world's largest electricity and natural gas supply companies.

Our Brands and Legal Entities

ENERJİSA ENERJİ ÜRETİM A.Ş.

VEGA RÜZGÂR ENERJİSİ ELEKTRİK ÜRETİM A.Ş.

İZMİT KANDIRA RES ELEKTRİK ÜRETİM A.Ş.

AKHİSAR RES ENERJİ A.Ş.

ENERJİSA COMMODITIES B.V.

ENERJİSA EUROPE K.FT

ENERJİSA ELEKTRİK ENERJİSİ TOPTAN SATIŞ A.Ş.

ENERJİSA DOĞALGAZ TOPTAN SATIŞ A.Ş.

SENKRON.ENERGY DIGITAL SERVICES B.V.

MISSION

We generate energy for a better future by respecting life.

PURPOSE

To be an energy company that constantly improves its knowledge, sets standards and directs the future of the sector.

PRINCIPLES

WE PURSUE PERFECTION: We do not allow mediocrity and always strive for better.

WE TAKE OWNERSHIP OF OUR JOB: We shoulder responsibility and take initiative.

OUR WORD IS VALUABLE: We stand behind our promises and do not make promises we cannot keep.

WE ARE A TEAM: We win together, we lose together.

ENERJISA ÜRETİM AT A GLANCE

A Journey of Extraordinary Success
that Surpasses a Quarter of a Century
We are the leading electricity generator in the private sector thanks to our portfolio of diversified, balanced and efficient energy resources, high trade volume and digital competencies.
We are moving forward with determination towards our installed power target of over 5,000 MW that we have set for 2026 and strengthen our sectoral leadership with our installed capacity of approximately 4,000 MW in operation, besides our ongoing new power plant investment of over 1,000 MW.
At Enerjisa Üretim, we continuously generate as Türkiye's leading player in clean energy with the %58 share of both domestic and renewable resources in our installed capacity, coupled with our activities in this particular field.

In 2023:

We pursued our work for our YEKA-2 (Renewable Energy Resource Area) Wind Energy investment, which will be implemented with a total installed power of 1.000 MW.
We commissioned the Akköy Wind Power Plant with a capacity of 25,2 MW, which is the first of our YEKA-2 projects in Aydın.
We worked to increase the number and capacity of our hybrid power plants and commissioned our 35 MW hybrid power plant investment in Balıkesir, Bandırma, Kentsa, Erciyes and Çanakkale respectively.
We received our WPP pre-licenses with a storage of 500 MW.

EFFICIENT AND FLEXIBLE PORTFOLIO STRATEGY

Türkiye's largest private electricity generation company with approximately 5,000 MW installed power (4,000 MW in operation and 1,000 MW under construction)
Private sector player with Türkiye's most innovative and flexible renewable energy capacity
One of Türkiye's largest hydroelectric power plant portfolios with 1,353 MW capacity
One of Türkiye's largest natural gas combined cycle power plant operators with 1.583 MW capacity

THE ONLY COMPANY IN TÜRKİYE GENERATING ELECTRICITY WITH 5 DIFFERENT TECHNOLOGIES

OWNING A PORTFOLIO CONSISTING OF DIVERSIFIED, BALANCED AND EFFICIENT ENERGY SOURCES

CARRYING OUT ACTIVE ELECTRICITY TRADING IN EVERY REGION OF EUROPE

12.3 TWh annual electricity generation
%3,6 share within total installed capacity
36% share in Türkiye’s total trade volume
3.1% share in renewable generation volume
28 TWh A total volume of electricity sales and trade in both Türkiye and Europe
~4% share in total generation volume*
* 3.8% net share in total generation volume

ENERJISA ÜRETİM PORTFOLIO

OUR HYBRID SOLAR PROJECTS

We commissioned our 41 MW solar power plant at the end of 2022 and completed our 35 MW power plant investment in 2023 Thus, we aim to put our licensed, unlicensed and hybrid solar power plants, with a minimum capacity of 150 MW, into operation by the end of 2024.

OUR HYBRID
SOLAR POWER PLANTS

Çanakkale
Bandırma 1-2
Tufanbeyli 1-2
BARES 1-2
Erciyes
Kentsa

OUR HYBRID
SOLAR POWER INVESTMENTS

Akhisar
BARES 3
Çeşme
Kandil
Tufanbeyli 3

AWARDS

Awards Granted for Organizations that Add Value to the Sustainable Development Goals

1st Place and Co-operation Special Award in the Biodiversity category for the Honey Forest project Special Award for Co-operation for the Womentum project

The Stevie Awards for Great Employers

Bronz Award for Womentum Project
Bronz Award for Power MBA Alumni

2023 43rd Esri User Conference

GIS Special Achievement Award for the Mining Geographic Information Systems project

Top 10 CIOs at IDC CIO Summit 2023

Our Assistant General Manager, Information Technologies and Digital Business, Ali İnal, took his place on the list.

Fortune 500 Türkiye

We ranked 24th, rising 13 places compared to the previous year.

Türkiye's Top 50 Most Influential CFOs

Our CFO Mert Yaycıoğlu took his place on the list.

Türkiye's 50 Most Powerful Purchasing Leaders

Our Procurement Director Aziz Ünal, took his place on the list.

Gold Leader Awards

Our Assistant General Manager, People and Culture, Ayşegül Gürkale, took her place in the list of Türkiye's 50 Most Admired CHROs.

Istanbul Marketing Awards

Annual Report Design Award

iNova Awards

Online Annual Reports Energy Sector - Gold Award
Best of Category - Grand Prize For the 2022 Annual Report

MediaCat Felis Awards

Corporate Reports Felis Award For the 2022 Annual Report

Stevie International Business Awards

Bronze Award for Best Annual Report in Private Companies category for the 2022 Annual Report

Gold Award in Other Publication category for the Internal Audit Department Annual Report

LACP Vision Awards

Electric Company - Platinum Award
Best Agency Report - Silver Award
Technical Success Award For the 2022 Annual Report

LACP Spotlight Awards

Online Reports - Platinum Award
Annual Reports - Gold Award
For the 2022 Annual Report

Galaxy Awards

Online Annual Reports - Energy Sector - Silver Award For the 2022 Annual Report

MESSAGE FROM THE CHAIRPERSON OF THE BOARD

Dear Partners,

In recent years, navigating global fluctuations has presented a formidable challenge across all sectors of the business landscape. However, I am pleased to acknowledge that Enerjisa Üretim has upheld its commitment to excellence, demonstrating resilience and determination in the face of adversity. I am justifiably proud of our company's ability to move steadily towards its goals even under these challenging conditions.

Continuing its journey uninterrupted towards the vision of becoming a pioneer in sustainable energy, our company has made material progress with a global perspective. In 2023, Enerjisa Üretim sustained its growth trajectory by incorporating new wind farms into its portfolio. Furthermore, significant strides were made in advancing the 1,000 MW YEKA-2 project, marked by the commencement of generation at Akköy WPP. Additionally, I am pleased to announce that we have expanded our pre-license allocation for storage WPP to 500 MW, reflecting our unwavering commitment to innovation and sustainability. I am also pleased to announce that efforts have intensified toward establishing Türkiye's inaugural green hydrogen valley at the Bandırma Energy Base. This strategic initiative, which prioritizes the future role of hydrogen and is supported by EU projects, underscores our company's steadfast commitment to responsible practices and forward-thinking strategies.

Enerjisa Commodities and Senkron Energy Digital Services have broadened their scope of operations globally. This expansion has resulted in our company's stronger and more impactful presence internationally, reaffirming our commitment to deliver excellence across borders. I extend my heartfelt gratitude to all colleagues at Enerjisa Üretim who have dedicated their expertise and hard work to drive positive change in the world. I am confident that with their unwavering perseverance and determination, they will continue to achieve numerous successes in the future.

By adopting innovation and sustainability as our compass, we continue our journey to a better future. I believe that by staying committed to our mission under any condition, we will overcome every challenge and persist in making meaningful contributions to the world.

Attila Kiss
CHAIRPERSON OF THE BOARD

BOARD MEMBERS

Attila Kiss
Chairperson of the Board

Kıvanç Zaimler
Deputy Chairperson of the Board

Nusret Orhun Köstem
Member of the Board

Yeşim Özlale
Member of the Board

Thorsten Lott
Member of the Board

Guntram Dr. Würzberg
Member of the Board

MESSAGE FROM THE CEO

At Enerjisa Üretim, we pedal tirelessly, just like a cyclist, on a road full of ups and downs, while pursuing innovations and change. In 2023, we proudly celebrated the 100th anniversary of our Republic, while continuing to strive and progress for a better future with hope and faith.

The earthquake disaster we experienced in February led us to national solidarity while our entire organization gathered together as one, in an extraordinary effort to heal our wounds. We displayed an example of solidarity, first for our teammates and their families, also for our neighbours and stakeholders, with whom we engage in business. On this occasion, I once again wish God’s mercy upon the ones who have lost their lives, express my condolences to their loved ones and wish them perseverence.

Despite these difficulties, we did not lose our energy, pursued in line with our goal of being the pioneer of transformation in renewable energy and generated non-stop to leave behind a more livable world to our children.

In 2023, we amplified our strength by acquiring Dikili WPP and Çeşme WPP. Moreover, we marked a major progress in our 1,000 MW YEKA-2 project with a historic significance and started electicity generation with our first turbines at Akköy WPP. Last but not least, we increased our storage WPP pre-license to 500 MW and rapidly continued our EU-supported projects to establish Türkiye's first hydrogen valley at our Bandırma Energy Base.

Enerjisa Üretim's vision is not limited solely to Türkiye. Believing that we make an impact across the world, we expanded our activities on a global scale by going beyond our borders with our Netherlands-based companies Enerjisa Commodities and Senkron Energy Digital Services.

We expanded globally by carrying our energy trade to 28 countries with Enerjisa Commodities. Thanks to the agreement we signed in November 2023, we became the first Green Partner of the Euroleague and brought our power to large masses via the excitement and dynamism of basketball. With Senkron Energy Digital Services, we enjoyed the opportunity of exporting our knowledge and experience to the rest of whole world, and carried out our launch by taking part in Paris Enlit Europe.

2023 has been a year in which we pushed the limits of change, strove together, and set sail for new horizons in our journey. We reinforced our belief in a better future by stating, "This Is Our Impact".

The progress we have made in 2023 shows us that together we can overcome each and every challenge and have an impact on everything. In 2024, we will continue to add to our successes, exceed our limits, grow, learn and generate together. I would like to thank each and every one of my teammates for their dedication and contribution to this meaningful path, with whom I am proud to move towards a better future together.

İhsan Erbil Bayçöl
CEO

GOVERNANCE TEAM

LEADERSHIP TEAM

İHSAN ERBİL BAYÇÖL
CEO

Following his graduation from Boğaziçi University, Department of Civil Engineering in 2000, İhsan Erbil Bayçöl completed his MBA at Sabancı University as well as the Advanced Management program at WHU Otto Beisheim School of Management. He started his career as a Project Control Engineer at Bechtel-Enka Joint Venture and joined Enerjisa in 2008 Bayçöl has been serving as Enerjisa Üretim CEO since January 2020 His greatest passion is cycling, and his interests include team games and basketball. He is married with two children.

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MERT YAYCIOĞLU
CFO

Mert Yaycıoğlu graduated from Middle East Technical University, Department of Business Administration in 1998 He previously held various positions at PricewaterhouseCoopers, PwC and Finmeccanica, and joined Sabancı Holding in 2009 Since 2020, he has served as the Enerjisa Enerji Group Purchasing and Business Units Finance Department Head respectively and has 25 years of work experience to his credit. Yaycıoğlu, who joined the Enerjisa Üretim team in 2022, is married and has one child. His hobbies include playing tennis and gastronomy cultures.

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AYŞEGÜL GÜRKALE
ASSISTANT GENERAL MANAGER, PEOPLE AND CULTURE

Ayşegül Gürkale graduated from Marmara University, Department of Economics in English, and completed her MBA at Sabancı University. She worked in different areas of responsibility such as Commercial Banking, Product Development, Strategic Planning, Regional Manager, Human Resources and Purchasing Deputy General Manager in Pamukbank, Garanti Emeklilik and Aksigorta companies respectively in the Banking and Insurance sector. Gürkale, who joined the Enerjisa Üretim team in 2022, is interested in horse riding and sailing. She is married and the mother of two children.

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EMRE ERDOĞAN
ASSISTANT GENERAL MANAGER, OPERATIONS AND TECHNICAL

Having graduated from Boğaziçi University, Department of Civil Engineering in 2001, Emre Erdoğan followed this up with a master's degree in Business Administration at Koç University. He started his career as a Planning Engineer at Bechtel-Enka Joint Venture and has 22 years of work experience. Erdoğan joined Enerjisa Üretim in 2018 as Deputy General Manager of Business and Technical. He is interested in sailing and motor sports. Erdoğan is married with two children.

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YUSUF İLİMSEVER
ASSISTANT GENERAL MANAGER, TRADING AND ENERGY SOLUTIONS

Upon completing his undergraduate degree in Industrial Engineering at Middle East Technical University, Yusuf İlimsever received his International Business degree from Kingston University in 2009 He started his business life at JJ Food Service and joined Enerjisa in 2011, holding expert and managerial positions in the fields of Energy Trading and Risk Management. İlimsever has 14 years of work experience to his credit. He is interested in football, history and travel and is married with one child.

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ALİ İNAL
ASSISTANT GENERAL MANAGER, INFORMATION TECHNOLOGIES AND DIGITAL BUSINESS

Having graduated from Doğuş University, Department of Industrial Engineering, Ali İnal received his master's degree in IT Business Solutions from Alpen-Adria University in Austria, and completed the senior managers’ programme, titled Gold for Business Leaders, at HEC Business School in France. He started his career at Advancity Internet Solutions in 2001 and has approximately 22 years of work experience. İnal joined Enerjisa Üretim in July 2019 as Information Technologies Director. His interests include technology, music, amateur astronomy and whiskey culture. He is married and has three children.

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EGEMEN YAMANKURT
DIRECTOR, STRATEGY AND PORTFOLIO MANAGEMENT

After graduating from Anadolu University Civil Engineering and Environmental Engineering departments, Egemen Yamantürk received his postgraduate education in Hydrology and Water Resources and completed the MBA program at Sabancı University Faculty of Management Sciences. He started his career as a Field Engineer in the Eskişehir Wastewater Treatment Plant Project in 2008, and worked as a Hydraulic Engineer at DHI Slovakia in 2009 In 2011, he completed his job as a Project Assistant at Anadolu University and started working at Enerjisa. His hobbies include traveling, swimming and cinema. He is married with one child.

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EZGİ KATMER
DIRECTOR, WIND POWER PLANT INVESTMENTS

Ezgi Katmer completed her undergraduate degree in Physics Engineering at Istanbul Technical University, and followed this up with a postgraduate education in Economics and Finance at Boğaziçi University. She joined Enerjisa in 2007 and following the privatization of the energy sector in Türkiye, undertook important tasks starting from the development processes of the first wind and solar projects in our country to the project construction and operation processes. Her hobbies include skiing and traveling. She is married and the mother of one child.

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AZİZ ÜNAL
DIRECTOR, PROCUREMENT

Aziz Ünal graduated from Yıldız Technical University, Department of Chemical Engineering, and received his MBA degree from Yeditepe University. After working at Kale Balata and Colgate Palmolive, he joined Enerjisa in 2008 Ünal has played various roles in the purchasing teams of Enerjisa and Enerjisa Üretim. He has 21 years of work experience in the automotive supply industry, FMCG and energy sectors. His hobbies include traveling, karting, swimming and running.

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TÜLİN SAĞUL
DIRECTOR, INTERNAL AUDIT

Tülin Sağul graduated from Marmara University, Department of Economics in English. She previously worked in various positions at Akçansa and Sabancı Holding respectively, and also as an auditor at EY. In April 2019, she joined Enerjisa Üretim. Sağul has 29 years of work experience. She is married with one child. Her hobbies include basketball, sculpture making and jewelry design.

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