Turkey Receives $3.45 bln In Privatization Of Four State-Owned
Power Grids
Turkey collects $3.45bln through privatization of four power
grids, the last four on sale in a series of auctions to privatize
the country's entire electricity distribution network. The
privatization of four electricity distributor companies
Ayedaş, Toroslar, Van Gölü and Dicle that took place
on March 15, raised $3.45 billion, almost $3 billion of it coming
from Enerjisa, which won the tender for the two largest grids.
The highest offer in the tender for Toroslar grid, the network
in southern Turkey, was made by Enerjisa with $1.725 billion and
the company also placed the highest bid of $1.227 billion for the
AYEDAS grid in Istanbul's Asian side. Enerjisa raised the
number of its grids to three after these sales, as it is already
the operator of Başkent Elektrik, the electricity provider of
a region comprising seven cities including the Turkish capital of
Ankara. Turkerler Insaat, another
