EnBW acquires half of Turkey's Borusan Enerji

摘要

Turkish conglomerate Borusan Holding announced that German utility EnBW will take a 50 percent stake in Borusan's energy unit, Borusan Enerji.rnEnBW and Borusan Holding also signed a strategic partnership agreement. The two companies plan an initial power investment for 1,000 MW, with a long-term goal to invest enough to produce 2,000 MW of energy, which would largely be made up of renewable resources.rnEnBW Chief Executive Hans-Peter Villis told German daily Financial Times Dentschland that the German utility and Borusan plan to invest 1 billion euros (US$1.27 billion) in the next three to four years.