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Turkey Sells 600-Megawatt Seyitomer Lignite-Fired Plant for $2.25 Billion, an Industrial Info News Alert

ISTANBUL, TURKEY -- (Marketwire) -- 01/03/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Turkey's Privatization Authority sold the operating rights of its lignite-fired Seyitomer Power Plant for $2.25 billion. Among the 16 firms bidding for privatization tender, Turkey's Celikler Insaat placed the highest offer for the 600-megawatt plant. This marks the highest offer placed in 2012, regarding power grid privatizations. In December alone, Turkey sold Bogazici EDAS and Gediz EDAS operating rights for $1.96 billion and $1.23 billion, respectively.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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