Aydem Yenilenebilir Enerji

Aydem Yenilenebilir Enerji A.S. is a renewable energy producer belonging to Aydem Energy Group. Its shares trade on Borsa Istanbul under the ticker AYDEM. AYDEM stock is followed among producers with a hydro-weighted power plant portfolio. Structured separately from the group's electricity distribution and retail activities, the company focuses solely on the generation side.

The company's portfolio consists of hydroelectric power plants, wind farms, a geothermal power plant and hybrid facilities created by adding solar panels to existing sites. Installed capacity is weighted towards hydroelectric plants. The electricity generated is sold under the renewable energy support mechanism and on the free market. Having different sources together creates a structure that partly offsets seasonal fluctuations in output.

For producers of this kind, precipitation and wind conditions, market clearing prices in the electricity market, the support periods of plants covered by the support mechanism, foreign-currency borrowing and exchange rate movements determine results. Hybrid capacity additions are also watched as a factor that diversifies the generation profile.