Inveo Investment Holding Signs Partnership with DaVinci Energy Investments to Support Green Transition Projects
Foreks - Inveo Investment Holding (IS:INVEO), deepening its investment areas with a primary strategy of sustainable value creation, has entered into a significant partnership with DaVinci Energy Investments, a renewable energy consulting company in Turkey. This collaboration aims to develop projects that will support the green transformation in Turkey and assess long-term renewable energy investments together.
As the global transition to sustainable energy systems accelerates, energy investments are increasingly directed towards renewable projects. According to the updated targets for 2035 announced by the country last month, Turkey's installed capacity of wind and solar energy is projected to rise from 83,000 megawatts to 120,000 megawatts, necessitating an investment of approximately $80 billion. Inveo Investment Holding and DaVinci Energy Investments aim to facilitate the financing of renewable energy projects through capital markets to contribute to this goal.
Inveo Investment Holding, with its strong capital infrastructure and innovative solutions, is bringing sustainable projects to life, while DaVinci Energy Investments will enhance the success of these projects with its expertise in renewable energy.
A Strong Partnership for Green Transformation
The collaboration agreement, signed on November 12, 2024, was attended by Onur Topaç, CEO of Inveo Investment Holding, S. Alper Kemikli, Chairman of the Board of DaVinci Energy, as well as senior management from both companies.
During the signing ceremony, Onur Topaç stated, "Renewable energy is at the forefront of economic development, reducing dependency on foreign energy, and combating the climate crisis. As the Inveo ecosystem, we aim to contribute to renewable energy investments. We will offer direct investment opportunities and financing to those wishing to invest in this area, along with innovative investment products such as crypto, as regulations permit. With our collaboration with DaVinci Energy, we aim to develop projects that support sustainability and provide consulting services. Additionally, we want to democratize access to information by increasing energy literacy."
S. Alper Kemikli, Chairman of DaVinci Energy, commented on the agreement, stating, "Since our establishment, DaVinci Energy has aimed to lead the sustainable energy transformation with the innovative solutions we have brought to the sector. With our expert team and the projects we have developed, we have built a reputation based on trust, professionalism, and knowledge sharing in the energy sector. This partnership will allow DaVinci Energy to offer financial solutions that meet international standards in its projects, while also extending our core values of simplicity, reliability, and joint growth to a broader investor base. Through the strong synergy we have created with Inveo Investment Holding, we aim to create a lasting transformation in the sector by connecting our renewable energy projects with a wider geography and a broader network of investors."
New Opportunities for Investors
The Inveo - DaVinci partnership will also focus on new opportunities emerging in the renewable energy sector. In this context, green bonds and sustainable financing instruments will be developed, and advisory services will be provided to guide investors by analyzing market trends. This collaboration, which will contribute to the future energy transformation while providing environmental and social benefits, will also create attractive opportunities for both local and international investors. With this agreement, Inveo Investment Holding and its affiliated companies are preparing to take a much more active role in the field of renewable energy.