Turkish Firm considers Multi-Billion-Dollar Investment in Iran

By John Lee.

Turkish electricity producer Zorlu Enerji is in talks with Iranian authorities to build gas-fired power plants in Iran.

CEO Omer Yungul (pictured) told Bloomberg that the company plans to invest “a sizable amount” in Iran.

The article speculates that the total capacity may be similar to plans by Unit International, owned by Turkish investor Unal Aysal, to build power plants costing $4.2 billion in the country.

(Source: Bloomberg)

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