Turkey: CEZ Partner to Sell Stakes

Businessn.a. ♦ Published: April 30, 2013; 13:42 ♦ (Vindobona)

CEZ's Turkish JV partner Akkok in talks about possible sale of its stake in SEDAS

Turkey: CEZ Partner to Sell Stakes / Picture: © CEZ

CEZ's Turkish JV partner Akkok announced to still be in talks about the possible sale of its stake in the distribution unit SEDAS (50 % owned by CEZ) to Dogan. Generation unit Akenerji (37.5 % owned by CEZ) will start the 900MW Egemer power plant in 2014.

While Akkok is in talks to potentially sell its 50 % stake in SEDAS, CEZ is rather positive in this case. However, it all…