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Main Page arrow News arrow Rönesans Holding Receives 'Best Energy Deal' Award from EMEA Finance
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Rönesans Holding Receives 'Best Energy Deal' Award from EMEA Finance

08 July 2024
Rönesans Holding's renewable energy partnership with TotalEnergies won the 'Best Energy Deal' award from EMEA Finance.
For German, please click: Rönesans Holding erhält den 'Best Energy Deal' Award von EMEA Finance

For French, please click: Rönesans Holding reçoit le prix 'Best Energy Deal' de EMEA Finance

For Spanish, please click: Rönesans Holding Recibe el Premio 'Mejor Acuerdo Energético' de EMEA Finance

Rönesans Holding Receives 'Best Energy Deal' Award from EMEA Finance

The successful partnership agreement made between Rönesans Holding and TotalEnergies in Rönesans Enerji in 2023 has been recognised with the prestigious 'Best Energy Deal' (Best Energy Deal in Central and Eastern Europe) award at the Project Finance Awards 2023 organised by EMEA Finance.

To date, Rönesans Holding has invested over 8 billion Euros in Türkiye with its global partners, including GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and the World Bank institution IFC, which constitutes one of the minority shareholders of the group. In 2023, Rönesans Holding established a partnership with TotalEnergies in the field of renewable energy, which it views as a crucial strategic growth area, marking one of the largest-scale business partnerships in the history of the Republic of Türkiye.

PLANNING 2,000 MW INVESTMENT BY 2028

Emre Hatem, a Member of the Board and Energy Group President at Rönesans Holding, stated that TotalEnergies' selection of Türkiye as one of its main countries for growth in renewable energy and its decision to partner with Rönesans Enerji is both very important in a strategic sense and economically valuable. Emphasising that this collaboration is one of the most substantial business partnerships in terms of scope in Türkiye's renewable energy sector to date, Emre Hatem said: "With the 'Best Energy Deal' award from EMEA Finance, we have once again seen that this partnership represents a significant development not only for Rönesans Holding but also for the energy sector and Türkiye as a nation. After the 50-50% partnership agreement between Rönesans Holding and TotalEnergies in Rönesans Enerji, we accelerated our investments with the aim of becoming one of the top 3 green energy companies in the sector. At Rönesans Enerji, we plan to invest 2,000 MW in green energy by 2028. With the projects we have started and are developing, we aim to reach an installed capacity of 726 MW by the end of 2026 in the first phase. Over the next five years, we aim to realise approximately 7 to 10% of the green energy investments targeted by Türkiye's National Energy Plan."

Rönesans Holding was also honoured with the 'Most Successful Long-Term Financing' award at the Achievement Awards 2022, organised by EMEA Finance, for Rönesans Sağlık Yatırım's 75 million Euro long-term financing from the EBRD for use in healthcare infrastructure investments.





About Rönesans Group

Rönesans Holding, the conglomerate's leading investment entity headquartered in Ankara, is the 53rd largest international contracting company globally and one of the largest in Europe. With operations spanning 30 countries across Europe, Central Asia, and Africa, including subsidiaries such as Ballast Nedam in the Netherlands and Heitkamp Industrial Solutions GmbH in Germany, Rönesans has been operating as the main contractor and investor successfully for 30 years in construction, energy, healthcare, real estate development and industrial investments. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rönesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Women’s Empowerment Principles since 2016.

Under the leadership of its president, Erman Ilıcak, Rönesans, along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung C&T, TotalEnergies, and IFC of the World Bank Group (minority shareholder in the group), has invested more than EUR8 billion into pioneering projects globally.


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