Aksa Enerji outlines 6,200 MW expansion as Aksa Enerji stock trades in Istanbul
Published on 10/01/2026 at 15:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aksa Enerji outlines a 6,200 MW expansion as Aksa Enerji stock trades in Istanbul. According to Anadolu Agency on September 30, 2026, the company aims to increase installed capacity from 3,700 MW to 6,200 MW by 2029. The stock trades on Borsa Istanbul under ticker AKSEN, according to Akbank.
2029 plan raises capacity ambitions
The expansion plan combines thermal generation with renewable and storage projects across Türkiye, Central Asia and Africa. Enerji Gunlugu reported on September 30, 2026, that Aksa Enerji had completed USD 1.70 billion of investment during 2024 through 2026 and planned a further 2,500 MW capacity increase. The same report said the company operated 15 power plants across 8 countries with 3,700 MW of installed capacity.
The 2029 targets include USD 841 million in EBITDA, a 42.00 percent EBITDA margin and a net debt to EBITDA ratio of 1.70. The company also plans to distribute a dividend from 2027 net profit, according to Anadolu Agency.
First-half mix shows a sharper contrast
For the first half of 2026, Aksa Enerji reported TRY 19.98 billion in sales and TRY 7.32 billion in EBITDA. According to Hibya on September 30, 2026, sales declined 25.00 percent from the prior-year period while EBITDA increased 5.00 percent. The EBITDA margin reached 36.00 percent.
The regional split is central to the investment case. Hibya reported TRY 8.70 billion in sales from Türkiye and Northern Cyprus, TRY 5.50 billion from Africa and TRY 5.77 billion from Asia during the first half of 2026. The company retained its 2026 outlook of TRY 50.82 billion in net sales and TRY 17.94 billion in EBITDA.
Stock trades higher on October 1
Aksa Enerji stock was trading at TRY 74.40 on Borsa Istanbul on October 1, 2026 at 3:40 p.m. TRT, up 2.06 percent versus the prior close of TRY 72.90. Its 52-week range was TRY 36.96 to TRY 117.50, while market capitalization stood at TRY 91.2 billion on the same date.
Aksa Enerji at a glance
- Company: Aksa Enerji Uretim A.S.
- Ticker: AKSEN
- Primary exchange: Borsa Istanbul
- Primary exchange price as of October 1, 2026, 3:40 p.m. TRT: TRY 74.40
- Change versus prior close: plus 2.06 percent
- Prior close Borsa Istanbul: TRY 72.90
- Market capitalization: TRY 91.2 billion as of October 1, 2026
- 52-week range: TRY 36.96-117.50 as of October 1, 2026
- Sector / Industry: Utilities / Independent power and renewable electricity
