Aksa Enerji

Aksa Enerji Uretim A.S. is an energy company within Kazanci Holding engaged in electricity generation and trading. Its shares trade on Borsa Istanbul under the ticker AKSEN. AKSEN stock is followed as an independent power producer with a portfolio of plants both in Turkey and abroad.

The company's portfolio consists of plants in Turkey running on natural gas, lignite and renewable sources, together with power plants built in several countries in Africa and Central Asia. Electricity generated in the overseas projects is mostly sold under long-term purchase agreements signed with public bodies in the countries concerned; in Turkey, output is sold on the electricity market and through bilateral agreements.

For those following Aksa Enerji, the main themes are the timing of collections from overseas buyers, the weight of foreign-currency-based contracts, the market clearing price in Turkey, natural gas costs and the financing of new power plant investments. The Lzzo.com page includes the AKSEN price chart and a return calculator.