Aydem Yenilenebilir Enerji AS
BBIST:AYDEM21.58
TRY
-0.26
(-1.19%)
ISIN
TREAYDM00024
Return %
Stock
S&P 500
1Y
19.56
14.20
3Y
9.54
81.12
5Y
221.61
68.34
Capital Structure
TRY
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in mil. unless spec.Working Capital
TRY
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in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
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in mil. unless spec.Quarterly Dividends Per Share
TRY
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in mil. unless spec.Company Description
- CEO
- Serdar Marangoz
- Full Time Employees
- 542
- Sector
- Utilities
- Industry
- Alternative power generation
- Address
- Denizli Turkey
- IPO Date
- Apr 29, 2021
- Website
- aydemyenilenebilir.com.tr
- Similar Companies
- Business
- Aydem Yenilenebilir Enerji AS is a Turkey-based renewable energy company that generates, distributes, and trades electricity exclusively from clean, renewable sources. Founded in 1995 and headquartered in Merkezefendi, Denizli, Turkey, the company operates as a subsidiary of Aydem Enerji Yatırımları A.Ş. and is publicly listed on Borsa Istanbul under the ticker AYDEM. Aydem Yenilenebilir Enerji operates a diversified portfolio of over 25 power generation facilities spanning the Aegean, Black Sea, Mediterranean, and Marmara regions of Turkey. The company's primary products and services comprise: utility-scale hydroelectric power generation via reservoir and run-of-river facilities; onshore wind electricity generation using high-capacity wind turbine installations; solar photovoltaic (PV) power generation encompassing ground-mounted solar arrays and co-located auxiliary installations; geothermal electricity generation providing renewable baseload capacity; hybrid power generation technologies, which integrate secondary solar and wind assets into existing licensed plants to maximize transmission capacity and grid output; wholesale electricity trading and merchant market sales delivered through day-ahead, intraday, and bilateral contract markets; renewable energy certificate trading, including International Renewable Energy Certificates (I-REC) and verified carbon offset credits; and comprehensive in-house engineering, design, procurement, construction (EPC), and ongoing operations and maintenance (O&M) services for clean energy infrastructure. In recent developments, Aydem Yenilenebilir Enerji has advanced its capacity expansion and repowering program, elevating its total installed capacity to 1,216 MW following the multi-phase repowering and expansion of the Uşak Wind Power Plant with new-generation 6 MW turbines. The company has further expanded its technical reach by deploying hybrid clean energy initiatives, including floating solar photovoltaic installations at the Adıgüzel hydroelectric facility and pipeline auxiliary solar integrations across its operational footprint. Strategically, the company is shifting toward an optimized commercial mix combining bilateral corporate power purchase agreements (PPAs) and active merchant power trading as legacy feed-in tariff (YEKDEM) guarantee periods expire, while reinforcing its corporate governance and environmental standards by maintaining leadership-level 'A' ratings on the CDP Climate Change and Water Security indices.