Galata Wind Enerji

Galata Wind Enerji A.S. is a renewable energy producer belonging to Dogan Holding. Its shares trade on Borsa Istanbul under the ticker GWIND. GWIND stock is followed among companies that generate electricity entirely from renewable sources. The company is the main vehicle for electricity generation activities in the Dogan Holding portfolio.

The company operates wind and solar power plants in different regions of Turkey; some of its plants are certified under international carbon standards, which also allows it to earn income from carbon credits. Galata Wind launched its growth strategy in Europe with its initial investment abroad, in Germany. Spreading the plants across different regions reduces dependence on weather conditions at any single site.

For wind and solar producers, wind speeds and hours of sunshine, market clearing prices, the dollar-based prices and terms of plants within the support mechanism, carbon credit prices, new capacity investments and exchange rate movements are decisive. On Lzzo.com, you can view the past prices of GWIND on a chart and examine RSI and moving averages.