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MarketsEkonomimTurkish, translatedFiled 2 days ago

Uludağ Energy is strengthening its grid infrastructure with a 10.7 billion TL investment plan

Original headlineUludağ Enerji 10,7 milyar TL’lik yatırım planıyla şebeke altyapısını güçlendiriyor

Open the sourceReported by Ekonomim, ekonomim.com, 11 November 2026

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Uludağ Enerji CEO Sinan Öktem announced a 10.7 billion TL investment plan to strengthen grid capacity, modernize infrastructure and expand digitalization in 2026, framed around COP31 and the role of electricity distribution in the energy transition. Öktem highlighted the integration of renewable sources, climate-resilient networks and green financing as priorities. The plan matters because distribution grid capacity is a bottleneck for adding renewables in Turkey. Next, watch for the breakdown of spending across capacity, modernization and digitalization, and any green financing agreements tied to the program.

Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Uludağ Enerji, Sinan Öktem, COP31