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MarketsDünyaTurkish, translatedFiled 3 days ago

Uludağ Enerji to make 10.7 billion TL in grid investment for 2026

Original headlineUludağ Enerji'den 2026 için 10,7 milyar TL'lik şebeke yatırımı

Open the sourceReported by Dünya, dunya.com, 11 November 2026

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Uludağ Enerji plans to invest approximately 10.7 billion TL in 2026 to upgrade electricity distribution infrastructure across Bursa, Balıkesir, Çanakkale and Yalova. CEO Sinan Öktem, speaking in the context of COP31, said rising demand from electric vehicles, data centers and overall energy consumption is making grid investment unavoidable. The utility serves four provinces in northwestern Turkey, and the planned spending signals how distribution operators are being pushed to expand capacity as electrification accelerates. What to watch next is whether the 2026 program stays on schedule and how much of the total is directed to capacity expansion versus network reinforcement.

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

Named in this story

Uludağ Enerji, Sinan Öktem, Bursa, Balıkesir, Yalova, Çanakkale, COP31