Markets Turkey’s energy bourse Epias to expand and may consider IPO By Reuters October 10, 2024, 11:10 AM Reuters A worker at a natural gas control centre in Turkey. Epias trades wholesale natural gas and electricity markets Turkish energy bourse Enerji Piyasalari Isletme AS (Epias) will expand its operations over the next few years and an initial public offering may be considered after the expansion, Turkish energy minister Alparslan Bayraktar said on Wednesday. Speaking at an Atlantic Council conference in Istanbul on Wednesday, Bayraktar said Epias, which currently operates wholesale electricity and natural gas markets, will diversify in coming years. “We aim to become a carbon-pricing country by 2026, which will be achieved through the establishment of a carbon market within Epias,” Bayraktar said. Turkey SMEs bolstered by $2.3bn global funding Turkey to restart auctions to expand renewable capacity China files trade complaint against Turkey over EV tariffs The government also wants Epias to open a commodities market, Bayraktar added. “Not at the moment, but we will see when the operations I mentioned are settled,” the minister said when asked by Reuters if an initial public offering was under consideration. Current shareholders of Epias are Turkey’s transmission grid operator Teias, stock exchange Borsa Istanbul and exchange member companies. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
