Enda Enerji Holding A.Ş. (“ENDA” or “the Company”) was established on January 7, 1993, in İzmir under the name Enda Enerji Üretim ve Dağıtım A.Ş., with the sole purpose of engaging in energy-focused initiatives. As the companies within its structure began operating, the Company adopted a holding structure. In line with its objective of forming a robust energy group, the decision to change its trade name to Enda Enerji Holding A.Ş. was approved at the Ordinary General Assembly Meeting held on May 29, 2000, and officially registered in the Turkish Trade Registry Gazette on September 4, 2000.
At the General Assembly held on January 3, 2024, shareholders approved amendments to the Articles of Association in alignment with the Capital Markets Board of Turkey (CMB) regulations. Following the application submitted on April 2, 2024, the CMB approved the Company’s initial public offering, as announced in the bulletin dated January 23, 2025. The Company’s shares commenced trading on the stock exchange on February 13, 2025.
According to Article 3 of its Articles of Association, registered on January 16, 2024, the Company's primary objective is to establish, operate, transmit, store, and sell energy facilities that generate electricity from all types of natural and artificial sources, and to invest in companies that have been or will be established for similar purposes—provided that it complies with the Turkish Commercial Code (Law No. 6102), the Capital Markets Law (Law No. 6362), Energy Market Regulatory Authority (EMRA) regulations, and other relevant legislation.
As of December 31, 2024, ENDA owns and operates 13 electricity generation facilities through its wholly owned subsidiaries and affiliates, all based on 100% renewable energy sources, with a total installed capacity of 189.12 MWe. The portfolio includes 4 hydroelectric power plants (104.08 MWe), 5 wind power plants (68.6 MWe), 3 solar power plants (8.94 MWe), and 1 geothermal power plant (7.5 MWe). The fact that ENDA’s entire electricity generation comes from renewable resources reduces foreign dependency and enables the Company to benefit from state-guaranteed purchase mechanisms.
With a strategic focus on maximizing shareholder value, Enda Group has been operating for over 31 years in line with corporate governance principles and holds multiple ISO certifications under its quality management systems. Its management and employees continue to work with a long-term value creation vision, nurtured by teamwork, mutual trust, and commitment.
ENDA sells the electricity generated at its environmentally friendly and professionally managed power plants through the Renewable Energy Support Mechanism (YEKDEM), the Day-Ahead Market (DAM), and bilateral agreements with supply companies. Since 2004, ENDA has also supplied electricity to eligible consumers and has continued these operations in a professional framework through Ensat Elektrik Enerjisi Tedarik Ticaret A.Ş., established in 2016.
With a diverse renewable portfolio that includes dam-based and run-of-river hydro, wind, geothermal, and solar power plants located across various regions of Turkey, ENDA maintains a well-balanced electricity generation profile throughout the year. This diversification helps mitigate seasonal variability more effectively than single-source renewable facilities.