Birlesim Grup Enerji Completes TRY 1.4 Billion IPO with Lexist Assistance
Deal News | Feb 10, 2025 | CEE Legal Matters
Lexist has successfully advised Birlesim Grup Enerji on its substantial initial public offering (IPO) on Borsa Istanbul, which resulted in raising approximately TRY 1.4 billion. Birlesim Grup Enerji, a company specializing in renewable energy through solar and wind power plants, garnered the attention of 188,452 investors who subscribed to its shares, highlighting significant interest and confidence in the company's green energy initiatives. The Lexist team, consisting of Partners Murat Erbilen and Mesut Kaya, along with Senior Associate Sevde Nur Paksoy and Associate Fethiye Nur Genc, played a crucial role in executing this successful IPO.
Sectors
- Renewable Energy
- Legal Services
- Financial Markets
Geography
- Turkey – The IPO took place on Borsa Istanbul, and Birlesim Grup Enerji is active in Turkey's renewable energy sector.
Industry
- Renewable Energy – Birlesim Grup Enerji specializes in renewable energy, generating power through solar and wind plants.
- Legal Services – Lexist provided legal advisory services for the IPO of Birlesim Grup Enerji.
- Financial Markets – The IPO of Birlesim Grup Enerji on Borsa Istanbul is a significant event in the financial markets sector.
Financials
- TRY 1.4 billion – The amount raised by Birlesim Grup Enerji through its IPO.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Birlesim Grup Enerji | Target Company | Company | A company involved in renewable energy, using solar and wind power plants. |
| Lexist | Legal Advisor | Company | Provided legal advisory services for Birlesim Grup Enerji's IPO. |
| Murat Erbilen | Partner at Lexist | Person | A partner at Lexist and part of the advisory team for the IPO. |
| Mesut Kaya | Partner at Lexist | Person | A partner at Lexist and part of the advisory team for the IPO. |
| Sevde Nur Paksoy | Senior Associate at Lexist | Person | A senior associate at Lexist involved in advising for the IPO. |
| Fethiye Nur Genc | Associate at Lexist | Person | An associate at Lexist involved in advising for the IPO. |