Investor Presentation
ENERGY & CLIMATE TECHNOLOGIES: DISTRIBUTION & RETAIL (ENERJİSA ENERJİ)
Strong position in distribution & retail and an inflation-linked business with real return
Competitive Advantages
► Türkiye's leading electricity distribution and retail company - economies of scale
► TL and inflation linked long-term borrowing to match revenue stream - access to competitive financing with
Sabancı brand
► Fundamental growth from incumbent regions (Başkent, Ayedaş and Toroslar)
►Large retail customer base of more than 10 million (representing 22% market share) with high proportion of
regulated sales
Premium sponsors and superior governance (Sabancı & E.ON)
► Well positioned to capture growth & attractive dividend pay-out
Türkiye's
no.1
electricity
distribution and
retail company
22 Million Population
Enerjisa
26%
12.1 m Distribution Connections
10.7 m Retail Customers
Enerjisa
25%
74%
75%
78%
Other Players
Other Players
Other Players
(1) More than 2/3 of retail sales volume is regulated.
Enerjisa
22%
Distribution
79%
Supportive and Transparent Regulatory Framework
Operational Earnings (9M 2023)
Regulated
Retail(1) & Customer Solutions
C
A
Regulated Investment Returns with a supportive
WACC (12.3%)
Regulated Efficiency & Quality Parameters
►Regulated Retail Margin (2.38% on reference
procurement price and retail service revenues
resulting in 6.4% gross margin in 9M 2023)
21%
SABANCI
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