Kaishan Group Co., Ltd. agreed to acquire a 49% stake in Transmark Turkey Gülpinar Yenilenebilir Enerji Üretim Sanayi ve Ticaret Anonim Sirketi from Sonsuz Enerji Holding B.V. for $21 million on October 17, 2022. The consideration will be paid from own funds. As of year ended August 31, 2022, Transmark Turkey Gülpinar reported total assets of $6.47375 million, revenue of $0.60738 million, EBIT of -$3.6688 million and net income of -$3.6688 million.