# Mitsubishi Heavy Industries to take stake in Kırklareligaz and build power plant

Mitsubishi Heavy Industries will acquire a 50.1% stake in Kırklareligaz, an asset of Ata Elektrik, to form a joint venture and build a 520 MW gas-fired power plant in Kırklareli, Turkey. The plant is scheduled to be operational by 2016.

- Type: Acquisition
- Announced: 2023-04-17
- Where: Kırklareli, Türkiye
- Status: announced
- Capacity: 520 MW
- Products: gas-fired power plant
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (acquirer)
- [Ata Elektrik](https://endata.com/companies/69793.md) (target)
- [Urundul Group](https://endata.com/companies/69794.md) (investor)

## Sources

- [invest.gov.tr](https://www.invest.gov.tr/en/news/news-from-turkey/pages/050314-mitsubishi-partnering-with-turkish-ata-elektrik.aspx), 2023-04-17: "The Japanese side will take over a 50.1 percent stake in Kirklareligaz, an asset of Ata Elektrik, to form a JV and build a gas-fired power plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.