EnBW has only been engaging more actively in foreign markets such as France, Sweden, Taiwan and the USA for a relatively short period of time. To supplement its main market of Germany, the company has been growing its presence both offshore and onshore in these countries for just the last two to three years. However, the fact that EnBW has also been maintaining a very successful partnership in Turkey since 2009 is often forgotten: In cooperation with its Turkish partner Borusan Holding, the company has already placed power plants with an output of around 725 MW into operation in Turkey via the Borusan EnBW Energy joint venture.
The generation portfolio held by this joint venture primarily comprises onshore wind turbines (517.9 MW), one hydropower plant (50.3 MW) and two solar parks (8.8 MW).
There is one decisive difference between the German onshore market and the market in Turkey: “We are not really interested in onshore wind farms with an output of less than 50 MW in Turkey,” emphasizes Bugra Borasoy, Managing Director of EnBW Holding A.Ş., which represents the interests of EnBW in the Turkish joint venture.
With the completion of the Saros wind power plant with a capacity of 148 MW, one of the largest wind farm energy plants in Turkey, the joint venture Borusan EnBW Enerji has a total of 665.5 MW installed capacity for wind onshore.
We are not really interested in onshore wind farms with an output of less than 50 MW in Turkey.
EnBW Holding A.Ş., based in Istanbul, is a wholly owned subsidiary of EnBW. This subsidiary holds a 50 percent shareholding in the Borusan EnBW Energy joint venture, which EnBW founded together with Borusan Holding in 2009. The Borusan Group is one of the largest conglomerates in Turkey (steel industry, sale of BMW and Caterpillar products, logistics and energy industry).
The joint venture (around 150 employees) is a 50/50 partnership with joint control of all activities. The current portfolio consists of wind and hydropower projects, as well as two small solar parks. It plans to commission further power plants, primarily in the onshore wind sector, over the next few years.