ELDER/Erdoğan: Some electricity distribution companies are preparing for public offerings

Fakir Hüseyin Erdoğan, secretary general of Turkey's Electricity Distribution Services Association (ELDER), said several electricity distribution companies are preparing initial public offerings. The comments signal a potential wave of listings in Turkey's power distribution sector, though Erdoğan did not name the companies involved or specify offering sizes or timing. The move would give investors direct exposure to regulated electricity distribution assets and could help the firms raise capital for grid investment. Details on which companies will list, the size of the offerings and the expected timetable have yet to be disclosed.