Canakci HES Elektrik Uretim Anonim Sirketi agreed to acquire Akocak Hydro Electric Power Plant from CEZ, a.s. (SEP:CEZ) and Akkok Sanayi Yatirim ve Gelistirme A.S. for $80.5 million in cash on September 25, 2015. The acquisition is subject to regulatory approval.

Canakci HES Elektrik Uretim Anonim Sirketi completed the acquisition of Akocak Hydro Electric Power Plant from CEZ, a.s. (SEP:CEZ) and Akkok Sanayi Yatirim ve Gelistirme A.S. in January 2016.