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Stantec to support Entek Elektrik with Energy Consultancy Services

Project to support one of Turkey’s leading utility companies in its quest for improved energy efficiency

ISTANBUL, TURKEY TSX,NYSE:STN

Stantec has been contracted by Entek Elektrik, one of Turkey’s leading utility companies, to provide energy consultancy services. Entek will cooperate with its business partners in providing Energy Performance Contracting (EPC) services to its clients. Stantec’s Istanbul-based team of energy engineers, led by Lead Engineer Dr. Mesut Avci, will support Entek in the development of an EPC framework by developing tools, templates, and guidelines; and provide training for Entek and its business partners. The team will also participate in energy audits, perform technical due diligence on energy audit reports, and provide independent Measurement and Verification (M&V) services to ensure proper functioning of EPC services.

Entek Elektrik is part of Koç Holding, the largest industrial conglomerate in Turkey. The energy generating company has supplied electricity since 1995, operating eight hydroelectric power plants and a gas-fired power plant with 362 MW installed capacity. In response to the ongoing energy transition, the company is strategically focused on strengthening its portfolio in sustainable and renewable energy investments in Turkey.

“By applying our wealth of experience in energy engineering, Stantec is proud to advance the development of an EPC market in Turkey by establishing an ESCO (Energy Service Company) framework for an important market player such as Entek. This work will be complemented by strengthening Entek's institutional capacity through consultancy and M&V services,” said Dr. Avci. “We work with many industrial clients on improvements to their work processes and energy consumption, and we’re thrilled to help make Entek Elektrik’s ambitions a reality.”

Stantec is a leading energy engineering consulting firm in the Turkish market, providing a comprehensive range of energy services to banks and businesses of all sizes. Over the past 10 years, the team has been responsible for the implementation of several of the country’s main sustainable energy finance programmes as well as provided technical consultancy services on energy efficiency and renewable energy projects in design review, feasibility assessment and energy audits.

About Stantec
Communities are fundamental. Whether around the corner or across the globe, they provide a foundation, a sense of place and of belonging. That's why at Stantec, we always design with community in mind. We care about the communities we serve—because they're our communities too. This allows us to assess what's needed and connect our expertise, to appreciate nuances and envision what's never been considered, to bring together diverse perspectives so we can collaborate toward a shared success. We're designers, engineers, scientists, and project managers, innovating together at the intersection of community, creativity, and client relationships. Balancing these priorities results in projects that advance the quality of life in communities across the globe.

Stantec trades on the TSX and the NYSE under the symbol STN.

Media Contact
Jorg Kemper
Communications Manager
Ph: +31 (0)15 751 1600
jorg.kemper@stantec.com

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