Shareholder Structure

GAMA Holding

GAMA, which started its operations in 1959, founded Fenni and Gama İnşaat Grupmanı Ltd. in 1962  in order to operate in the fields of mechanical, electrical and instrumentation assembly, which at that time was only done by foreign companies, and undertook the representation of “Babcock and Wilcox”, an American company considered the inventor of the steam boilers used in thermal power plants.
With this structure, GAMA aimed to focus on technology-based industrial plant construction, primarily power plants, which were not built by Turkish companies until that date. As a subcontractor of Babcock Wilcox in 1963, GAMA successfully completed the boiler installation of Mersin Thermal Power Plant. GAMA immediately after this success became the first Turkish company to obtain competency in industrial plant construction from the World Bank and with this competency undertook the general assembly of the 4 × 25 MW Mersin Thermal Power Plant in 1964 and therefore opened the era of the turnkey industrial plant construction in Turkey and became the first energy contractor of Turkey.

The firm with its increasing experience constructed power plants, petroleum, cement, petrochemical and gas plants, factories, high-rise buildings, water treatment plants and transmission lines, bridges and performed various infrastructure constructions, and has contributed to Turkey’s development and industrialization efforts.

Since the beginning of the 1970s with the experience gained domestically, GAMA’s companies have expanded their operations abroad to the Middle East, Russia, Eurasia, South East Asia, North Africa and Ireland.

GAMA has been undergoing a comprehensive restructuring process since 2002 and GAMA Holding A.Ş. was founded on June 2, 2003 where all operations were gathered under one roof within GAMA Endüstri Tesisleri İmalat ve Montaj A.Ş. GAMA Holding A.Ş., consists of five main groups, GAMA Enerji A.Ş., GAMA Güç Sistemleri Mühendislik ve Taahhüt A.Ş., GAMA Endüstri Tesisleri İmalat ve Montaj A.Ş., GAMA International B.V. which has foreign affiliates, and GAMA Ticaret ve Turizm A.Ş. which all have smaller affiliates/subsidiaries within their structure.

Tenaga Nasional Berhad

With its 65-year history, TNB is the largest electrical infrastructure services company in Malaysia with total assets of RM 110.7 billion. The main activities of TNB include the entire electric production and supply value chain which consists of “Production”, “Transmission” and “Distribution”.

The Production Division operates six thermal power plants and three major hydroelectric power generation plants and also provides operation and maintenance support to three Independent Electricity Producers (IPPs). The Transmission Division transmits the electricity produced by TNB and IPPs in all Continental Malaysia to the Distribution network and directly to large industrial customers via the National Network.

Finally, the Distribution Department, with a focus on providing world-class customer experience supplied end users. TNB also manufactures transformers, high voltage switchgears and cables via its subsidiaries; provides professional consulting services; The Company also engages in energy-related activities such as architecture, construction, electrical engineering works and services, and repair and maintenance. To support both its core business and its activities outside of its core business, TNB also has an R & D department that explores technologies that add value to all of its operations. In addition, in recent years, TNB has been the Renewable Energy (RE) champion in Malaysia as part of its commitment to a greener and more sustainable energy sector.

International Finance Corporation – IFC

IFC was founded in 1956 as a member of the World Bank Group and is the largest global development organization focused on the private sector in developing countries.

The work of IFC provides employment opportunities and tax revenue in more than 100 developing countries, increasing corporate governance and environmental performance and contributing to the local community.

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IFC Global Infrastructure Fund Holding I Coöperatief U.A. – GIF

The IFC Global Infrastructure Fund invests capital in new or developing projects in the energy, transportation, public utilities, telecom and urban infrastructure sectors.