Pasifik Holding stock adds hydro assets with Egehidro deal
Published on 11/12/2026 at 00:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPasifik expands renewable energy portfolio
- Pasifik Holding plans to acquire all shares of Egehidro through two group companies.
- The target operates two hydroelectric plants in Kahramanmaras with combined capacity of 45.7 MWe.
Pasifik Holding plans to acquire all shares of Egehidro Enerji Madencilik, according to TipRanks. The announcement was published on Tuesday, November 3, 2026, and updated on Friday, November 6. Pasifik Yenilenebilir Enerji and Pasifik Girisim Sermayesi agreed to buy 77.5 million shares for a total price of 2.424 million US dollars.
Hydro assets strengthen energy strategy
Egehidro operates two hydroelectric power plants in Kahramanmaras with combined installed capacity of 45.7 MWe and annual generation of approximately 50 GWh. The transaction would add operating renewable assets to Pasifik Holding's existing energy activities and broaden its electricity-generation mix.
The deal also extends a diversification strategy that spans construction, railway logistics, technology and energy. The acquisition remains subject to the transaction being completed; the announcement does not provide a closing date or financing details.
Pasifik Holding's business profile
Pasifik Holding is a Turkey-based investment holding company with activities in real estate and construction, international logistics and railway transportation, technology, energy and mining. Its technology operations include defense-oriented unmanned aerial vehicle systems as well as cybersecurity, software and systems integration services, while its energy operations include renewable power generation. The broader Turkish holding-company peer set includes Ihlas Holding, Bera Holding and Mazhar Zorlu Holding; Pasifik stands out in this group for combining railway logistics and technology with construction and renewable energy.
Pasifik Holding at a glance
- Company: Pasifik Holding A.S.
- ISIN: TREPSFH00011
- Ticker: PAHOL
- Exchange: Borsa Istanbul
- Sector: Industrials
Turkish equities and the acquisition should be viewed against the wider BIST 100 market environment.
