International Investor Meetings by İş Bankası, New Project from NATEN, and $139 Million Deal from ASELS

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International Investor Meetings by İş Bankası, New Project from NATEN, and $139 Million Deal from ASELS

Türkiye İş Bankası (ISATR) has launched a comprehensive solar power plant project for Naturel Enerji İstinye Park AVM while collaborating with leading banks for meetings with global investors. Aselsan (ASELS) has also attracted attention by signing new contracts worth $139 million for public safety communication systems.

Türkiye İş Bankası has authorized a group of banks for international investor meetings Türkiye İş Bankası (ISCTR) has authorized a group of banks including Abu Dhabi Commercial Bank, Emirates NBD Capital, JPMorgan (NYSE:JPM) Securities, Morgan Stanley (MS), Societe Generale (SOGN), and Standard Chartered Bank (STAN) for a series of meetings with global investors. The meetings will commence on January 7, 2025.

The bank stated that should market conditions be favorable, it will consider the issuance of an additional debt instrument (AT1) denominated in US dollars, which could be included in the bank's equity, in accordance with Article 7 of the Regulation on Bank Equity.

Naturel Enerji announces a new solar energy project for İstinye Park Naturel Yenilenebilir Enerji (NATEN) has signed a contract to establish a new "Turnkey Ground Type Self-Consumption Solar Energy Plant" to meet the electricity needs of İstinye Park Istanbul Real Estate Investment Inc. The contract includes land development, project development, licensing, environmental impact assessment (EIA), and zoning processes.

The project cost is set at $4,578,655 (161,577,072.03 TL) excluding VAT, and this investment will ensure both electricity generation from solar energy and a reduction in carbon emissions. This contract is a continuation of similar projects previously signed for İstinye Park AVM and Orjin Maslak Business Center, highlighting sustainable energy solutions.

Aselsan signs new contracts for public safety Aselsan Elektronik Sanayi ve Ticaret A.Ş. (ASELS) has signed new contracts with the Presidency of Defense Industries worth a total of $139,282,142.43. The contracts cover the supply of public safety communication systems, with deliveries scheduled between 2025 and 2028.

Aselsan continues to lead in the defense industry with these contracts and is committed to the development of critical technologies for national security. This step strengthens Aselsan's leadership in the sector through domestic and national projects.