Turkey’s Aydem Group Plans 2025 IPOs for Power Grid Operators
- Firms seek listings for units GDZ Dagitim and ADM Dagitim
- First-time share sale likely to take place in first half: CEO
Lights in Istanbul.
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Aydem Enerji Yatirimlari AS, a Turkish power generator and distributor, is preparing initial public offerings for two of its units in the first half of 2025.
The group is planning listings for GDZ Elektrik Dagitim AS and ADM Elektrik Dagitim AS on the Istanbul bourse that could value the two grid operators at $2.2 billion and $1.5 billion respectively, Aydem Enerji Chief Executive Officer Serdar Marangoz said in an interview.