CEO Message
Elif YENER
Energy Group Sector President (CEO)
Dear Stakeholders, The global energy sector today is witnessing not only a transformation but also the construction of an entirely new energy system. As the global economy shows a clear upward trend in energy demand, geopolitical uncertainties conti...
Read MoreElif YENER
Energy Group Sector President (CEO)
Dear Stakeholders,
The global energy sector today is witnessing not only a transformation but also the construction of an entirely new energy system. As the global economy shows a clear upward trend in energy demand, geopolitical uncertainties continue to pose significant risks to our sector. Tensions in the Middle East are exerting upward pressure on energy prices, particularly for natural gas and oil.
According to Ember’s 2025 data, electricity generated from solar energy increased by approximately one-third in the first half of the year compared to the same period of the previous year, meeting 83% of the growth in global electricity demand. During this period, around 700 GW of new renewable capacity was commissioned, 80% of which was driven by solar energy. Our country is also playing a significant role in this globaltransition. Türkiye’s total installed renewable energy capacity has reached 76,281 MW, accounting for 62.3% of the total installed capacity.
According to research by the International Energy Agency (IEA), intensive investments in renewable energy capacity over the next five years are projected to exceed the total investments made in energy over the past 40 years. The increasing electricity demand—driven by artificial intelligence data centers, electric vehicles, and advanced end-to-end energy solutions— is expected to be fully met through these investments.
The Agency states that this increase could almost entirely meet the 40% global growth in electricity demand. The energy needs of electric vehicles, heating and cooling systems, and artificial intelligence data centers are cited as the primary drivers of this growth.
All these developments indicate that the energy system is not only transforming but also evolving into a new structure characterized by increased electrification, greater digitalization, and enhanced sustainability.
As Zorlu Enerji, we do not merely follow this transformation; we aim to be an active part of it through the innovative business models and investments we develop. With 100% renewable electricity generation, we are among the leading companies in the sector, and we develop smart, sustainable solutions for the energy needs of the future. With a total installed capacity of 537 MW in geothermal, hydroelectric, and wind energy, we operate both domestically and internationally.
The year 2025 was a challenging period due to geopolitical risks, volatility in global energy prices, fluctuations in exchange rates, and high financing costs. During this period, we structured our strategy around a forwardlooking organic growth target and, through our operational and financial activities, achieved total revenues of TRY 36.2 billion for the full year 2025, while allocating more than TRY 7 billion to electricity distribution infrastructure and renewable energy investments in the same period.
Our organic growth strategy focuses on expanding hybrid power plants, battery storage technologies, and electric vehicle charging infrastructure. In the field of geothermal energy, we continue to scale up our pioneering practices in Türkiye that are recognized globally as best-in-class examples. Following our Alaşehir 1 Hybrid Solar Power Plant with an installed capacity of approximately 3.8 MWp, we completed the official commissioning of a 1 MWm solar power plant integrated into our 15 MWe Kızıldere-1 Geothermal Power Plant within this year.
Meanwhile, we continue to grow in the e-mobility sector under our Zes brand in Türkiye and our Electrip brand in Europe. With the “Aggregator License” obtained through Zorlu Dengeleme Enerji Yönetimi A.Ş., we are also focusing on a new area of flexibility and portfolio optimization with a holistic energy management approach.
**We Are Taking Determined Steps in Sustainability and ESG Leadership
We build our business model on sustainability, addressing it through its economic, social, and environmental dimensions. In 2025, we achieved a score of 93 out of 100 in the ESG assessment conducted by the London Stock Exchange Group (LSEG), an international financial analysis and reporting organization. With this score, we ranked first among 346 companies reporting globally in the Electric Utilities and Independent Power Producers category, reaffirming our global leadership.
In the S&P Global Corporate Sustainability Assessment, we increased our score to 84, placing us in the top 10% of best-performing companies and qualifying for inclusion in the Global Sustainability Yearbook. Through our sustainability practices covering our entire value chain and suppliers, we maintained our A score in the CDP Supplier Engagement Rating.
To further advance these achievements, we continue to take decisive steps toward our targets of achieving net-zero emissions by 2040 and a netpositive impact on nature by 2035.
**We Prioritize Inclusion with Our Human-Centered Value Creation Vision
We believe that the energy transition is not only a technological transformation but also a societal one. Through the projects we implement under our Eşit Bi’Hayat approach, we place great importance on engaging with all our stakeholders and creating shared value.
To date, we have reached 190,000 students through our “Energy for Children” project, fostering awareness of energy and sustainability among younger generations. Through the Zorlu Enerji Experience (ZExperience) program, we continue to support the personal and Professional development of our scholarship students with dedicated training İnitiatives.
With our FutureFEM and Women in Leadership (Liderlikte Kadın Yüz’ü) projects, we mentor young women and students through training programs focused on professional competencies, supporting equal Access to opportunities in business life and helping them unlock their leadership potential.
**The Energy Company of the Future
Looking ahead, three key dynamics stand out in shaping the energy sector: digitalization, electrification, and distributed systems. Our R&D investments in these areas, along with our participation in international projects such as the EU Horizon 2020 Program, form the foundation of our innovationdriven growth.
In line with our goal of generating all our energy from renewable sources by 2030, we will continue to expand our solar and wind energy capacity, scale up battery storage solutions, and broaden our electric vehicle charging network.
As one of the pioneers of the energy transition, we remain committed to building a cleaner, more sustainable energy future for our planet and future generations. I would like to extend my sincere thanks to all our stakeholders, employees, and business partners who support us on this journey.
Best regards,
Elif Yener
President of the Sector
Board of Directors
Ahmet Nazif ZORLU
Chairperson
(1944 – Denizli) Ahmet Nazif Zorlu began his professional career at the family-owned textile business in Babadağ, Denizli. He opened his first textile store in Trabzon. In 1970, Zorlu moved the Company’s headquarters to Istanbul where he laid the foundations of Zorlu Holding with his brother, Zeki Zorlu. Ahmet Zorlu set up his first company, Korteks, in 1976 and consolidated all the group companies under the umbrella of Zorlu Holding in 1990. After acquiring Vestel in 1994, Ahmet Zorlu opened the door to new lines of business for Zorlu Holding. Zorlu’s entrepreneurialism, which began with the textile sector, later manifested in more companies operating in a wide range of industries such as household appliances, consumer electronics, energy, real-estate development, metallurgy, and defense. In addition to his role as a Board Member at Zorlu Enerji, Ahmet Zorlu currently serves as Chairman and Vice Chairman at numerous Zorlu Group companies operating in different industries, primarily Vestel Elektronik Sanayi ve Ticaret AŞ and Vestel Beyaz Eşya Sanayi ve Ticaret AŞ. With a keen interest in NGOs, Ahmet Zorlu sits on the Board of the Foreign Economic Relations Board (DEİK), the Turkish Industry and Business Association (TÜSİAD), Education and Culture Foundation of the People of Denizli (DENSİR), Babadağ Industry and Business Association (BASİAD), and Turkish Home Textile Industrialists’ Association (TETSİAD).
Betül Ebru EDİN
Vice Chairperson
After graduating from Boğaziçi University, Department of Civil Engineering, in 1993, Betül Ebru Edin completed her Master's Degree in Business Administration at Işık University. Edin, who started her business life in banking in 1993, continued her career in the Corporate Banking department at T. Garanti Bankası A.Ş. (Garanti BBVA) in 1997 and served as Deputy General Manager responsible for Project and Acquisition Finance in 2009. Edin, who has been responsible for Corporate, Investment Banking and Sustainability since 2017, worked at Garanti BBVA until 2022. Until 2022, she also served as Deputy Chairman of the Board of Directors at Garanti Yatırım ve Menkul Kıymetler A.Ş. and as a Member of the Board of Directors at Garanti Bank S.A. (Romania). Edin continues her work on the civil society side as the Chairman of the Board of Directors of the Sustainable Development Association (SKD), the Board Member of the Istanbul Foundation for Culture and Arts (İKSV) and the Board Member of the 30 Percent Club. As of 2024, she serves as a board member at Zorlu Enerji Elektrik Üretim A.Ş.
Following the General Assembly held on May 26, 2025, Betül Ebru Edin was elected as Vice Chairperson of the Board of Directors.
Selen Zorlu MELİK
Board Member
(1975 – Trabzon) Selen Zorlu Melik graduated from the Department of Business Administration of the Faculty of Economics and Administrative Sciences at Uludağ University. She began her professional career at Denizbank in 1998. Following her internship at the Bursa branch of Denizbank, she joined Denizbank’s Management Trainee Program in 1999. After working in a number of positions at Denizbank’s head office, Melik attended a Marketing Certificate Program at the University of California, Berkeley in 2001. She began working at the Korteks Yarn Factory in 2002 and became a Board Member of the same company in 2004. Selen Zorlu Melik has been serving as a Board Member of Zorlu Enerji since 2001.
Bekir Cem KÖKSAL
Board Member
(1967 - Ankara) Cem Köksal graduated from the Department of Mechanical Engineering at Boğaziçi University in 1988 and completed his master’s degree at Bilkent University in 1990. Between 1990 and 2001, he worked in the banking sector. Köksal joined Denizbank in 1997 as Executive Vice President and became Head of Finance at Vestel in 2002. Since 2012, he has been serving as a Member of the Board of Directors at Zorlu Enerji. Köksal also serves as a Board Member of the UN Global Compact Türkiye.
Mümin Cengiz ULTAV
Board Member
(1950 - Eskişehir) He possesses undergraduate and graduate degrees from Ankara Science High School and METU Electrical Engineering, Computer and Control Option, as well as a diploma from the Philips International Institute in the Netherlands. After taking technical and management positions at Bimsa and İnfo companies in Turkey and Dornier System GmbH abroad, he worked as Deputy General Manager at NCR and General Manager at Sun Mikrosistemler A.Ş. He served as Chairman of the Board of Directors of the Turkish Technology Development Foundation between 2012-2022 and as an Independent Board Member of Logo Yazılım between 2016-2022. He has been involved in the management team of Vestel Elektronik A.Ş. since 1995 and currently serves as a member of the Board of Directors of Vestel Ventures. Ultav has also served as a Board Member at Zorlu Enerji Elektrik Üretim A.Ş. as of 2024.
Cem MENGİ
Board Member
(1965 – İzmir) Cem Mengi completed his “A Levels” in Mathematics and Physics in the UK in 1984 and graduated from the Department of Management Information Systems of the Faculty of Management and Administration at the International University in 1988. Same year he began his professional banking career at Finansbank and later he served in different private banks namely İnterbank, Körfezbank, Rabobank International NV and ING Bank as Executive Vice President and Deputy General Manager. Lastly, he served at Akbank as the Chairman of the Credit Committee and Executive Board Member in Charge of Loans and Placement. Cem Mengi was a member of the Turkish Industry and Business Association (TÜSİAD), the Foreign Economic Relations Board (DEİK), the International Investors Association (YASED) and the Young Executives and Business People Association (GYİAD). He currently serves as the Founding Chairman at CM Capital Management.
Yusuf GÜNAY
Board Member
He was born in Sinop in 1965. He graduated from Ankara University, Faculty of Political Sciences. He studied Modern Public Administration Techniques and European Community Law at the Royal Institute of Public Administration in England in 1990-91. He became a European Community Law Expert at Ankara University ATAUM. Starting in 1997, he served as the Prime Ministry General Director of Laws and Decisions for 5 years. Since 1999, as a government representative, he served as a member of the General Assembly and Board of Directors of the Press Advertisement Agency and as Deputy Chairman. He served as the founding chairman of the Energy Market Regulatory Authority. He has been elected at the general assembly held in May 2004 for the ERRA (Energy Regulators Regional Organization) Board of Directors, of which the Energy Market Regulatory Authority is a full member since 25 April 2002, which also has 23 autonomous institutions from Central and Eastern European countries and Central Asian Republics as full members, while 4 of them are observer members. Yusuf Günay has also been the Vice President of MEDREG, the Mediterranean Region Energy Regulators Community, since May 2006. At the 6th ERRA (Energy Regulators Regional Organization) meeting held in Istanbul in May 2007, he was elected ERRA president for 2 years. His term as Chairman of the Energy Market Regulatory Authority ended in November 2007. Günay has served as a Member of the Board of Directors at Zorlu Enerji Elektrik Üretim AŞ as of 2024.
Senior Management
Elif YENER
CEO of Zorlu Energy Group
Elif Yener graduated from the Department of Industrial Engineering at Boğaziçi University in 2004. Between 2004 and 2010, she worked in project finance at Denizbank. Subsequently, she pursued an MBA at Columbia University in the United States, graduating in 2011.
In the same year, Yener joined Zorlu Holding and, starting from 2012, served as Strategy and Business Development Manager. In 2014, she transitioned to Zorlu Energy Group, where she held progressively senior roles, including Group Financial Affairs Manager and Director of Financial Affairs. Between 2019 and 2024, she served as General Manager of Financial Affairs.
Elif Yener is a member of the Integrated Reporting Network of Turkey (ERTA) and a signatory of the CFO Principles for Integrated SDG Investments and Finance published by the CFO Coalition under the UN Global Compact.
As of January 1, 2025, Elif Yener has assumed the role of Chief Executive Officer (CEO).
Necmi ODYAKMAZ
General Manager, Osmangazi Elektrik Dağıtım A.Ş.
Necmi Odyakmaz holds a Bachelor's degree in Economics from Boğaziçi University, a Master's degree in Economics from New York University, and a PhD in Economics from Hacettepe University.
He began his professional career in 1996 as a Foreign Trade Expert at the Undersecretariat of Foreign Trade (Prime Ministry), where he served until 2003. Between 2003 and 2007, he worked as an Energy Expert at the Energy Market Regulatory Authority (EPDK). From 2007 to 2013, he led the Economic Evaluation and Regulation departments at E.ON Enerji. Between 2013 and 2019, he held a series of positions at Enerjisa, serving consecutively as Regulation Manager, Director of Corporate Affairs, and Director of Customer Technical Services, Regulation and New Business Development. From 2019 to 2025, he served as General Manager of Sakarya Elektrik Dağıtım A.Ş. (SEDAŞ).
As of 4 May 2026, Odyakmaz continues his career at Zorlu Enerji as General Manager of Osmangazi Elektrik Dağıtım A.Ş.
Murat ŞİMŞEK
CFO, General Manager of Financial Affairs
Murat Şimşek completed his studies at Istanbul University's Department of Econometrics in 2006. Following his undergraduate studies, he received his master's degree in English Business Administration from Istanbul University in 2008. Şimşek, who began his career at Garanti Bank in 2006, worked in various departments in the Corporate and Commercial Banking field at the General Directorate until 2017. He started working at Turcas Petrol in 2017 and held the positions of Corporate Finance Manager and Finance Manager. Şimşek joined Zorlu Holding in 2020 and served as Finance Manager, Finance Director, and Financial Affairs General Manager, respectively. Şimşek assumed the role of Zorlu Energy Financial Affairs General Manager as of January 1, 2025.
Nihat TÜRKSEVER
General Manager of Electricity Generation
Nihat Türksever began his professional career in 1997 at ENKA Construction and Industry Co., Inc. after graduating from Uludağ University, Department of Industrial Engineering. During his more than ten years at ENKA, he took part in various domestic and international projects, gaining experience in engineering and project management.
In 2008, he served as Director at Mircons, and in 2009, he joined Zorlu Energy Group. Within the Group, he held managerial positions in key areas such as contract management, procurement, and logistics. Since April 2017, he has assumed various Deputy General Manager roles, and as of April 2025, he has been serving as Deputy General Manager of Investments, Operations, and Maintenance. As of September 2025, he has also taken responsibility for Projects and Implementations, continuing his career as General Manager of Electricity Generation.
Throughout his career, Nihat Türksever has led numerous large-scale energy investment and operation projects both in Turkey and abroad. He has contributed to enhancing organizational efficiency in line with the goals of operational excellence, process optimization, and sustainable growth.
Ayhan AKIN
Deputy General Manager of Projects and Applications
Born in 1979 in Ankara, Ayhan Akın graduated from the Department of Aerospace Engineering at Middle East Technical University in 2003 and completed his master's degree in Mechanical Engineering at the same university in 2006.
He began his professional career at Zorlu Enerji in 2004, where he served in various roles including Project Engineer, Mechanical Group Chief, Construction Manager, and Project Manager in the company’s power plant construction projects. Between 2014 and 2017, he worked on various projects under Çalık Enerji.
In March 2017, he rejoined Zorlu Enerji Group and, since June 1, 2020, has been serving as Vice President of Projects and Applications, responsible for the engineering, procurement, construction, and commissioning (EPC) of both domestic and international projects.
Ayşegül ÖCAL
Deputy General Manager of Finance
Ayşegül Öcal graduated from the Department of Civil Engineering at Boğaziçi University in 2001 and completed her MBA at Sabancı University in 2003.
She began her career in 2003 at Yapı Kredi as a Project Finance and Corporate Banking Specialist. Between 2007 and 2018, she worked at Enerjisa in progressively senior roles, including Project Finance Process Leader, Treasury Manager and Finance Manager. In 2018, she joined Enerjisa Üretim as Treasury Manager, and between 2018 and 2020 she served as Chief Financial Officer (CFO) at MR İşletme Hizmetleri Danışmanlığı A.Ş. Between 2020 and 2026, she held the positions of Corporate Finance Group Manager and Finance Director at Enerjisa Enerji.
As of February 23, 2026, Ayşegül Öcal has been appointed as the 'Deputy General Manager of Finance' under the Financial Affairs Group Presidency at Zorlu Enerji.
Tuba ÖZERMAN
Deputy General Manager of Accounting, Budget Planning and Consolidation Reporting
Tuba Özerman graduated from the Department of Business Administration at Boğaziçi University and completed her master's degree in Finance at Koç University. She holds the title of Certified Public Accountant (CPA / SMMM) and the Capital Markets Board Advanced Level License.
Özerman began her career at Ernst & Young and subsequently held roles in financial reporting, auditing, control and tax within the finance function at national and international companies including Kazancı Holding (Aksa Enerji), Allianz Türkiye, Borusan EnBW Enerji and Reckitt Benckiser Türkiye. Throughout her career, she has led significant initiatives in financial transformation, IFRS reporting, digitalization (RPA), mergers and acquisitions, tax optimization, and the strengthening of internal control systems.
As of September 10, 2025, Tuba Özerman has been appointed as the 'Deputy General Manager of Accounting, Budget Planning and Consolidation Reporting' at Zorlu Enerji.
Ersen ÖZYILMAZ
Director of Purchasing and Logistics
Born in 1975 in Istanbul, Ersen Özyılmaz graduated from the Department of Electronic Control Systems at Zonguldak Karaelmas University in 1997. Özyılmaz started his career as a Purchasing Officer in the Technical Purchasing department at Gönpa AŞ and joined Zorlu Energy Group in 2000. He has worked as Purchasing Specialist, Purchasing Supervisor and Purchasing Manager within Zorlu Energy Group for more than 20 years. Özyılmaz has contributed to Zorlu Enerji's purchasing and logistics operations, most recently as Deputy Director of Purchasing and Logistics. He was appointed as Zorlu Enerji's Purchasing and Logistics Director on September 1, 2020. He also took on responsibility for vehicle leasing and field operations.
Ramazan HARBİLİ
Human Resources Director
Ramazan Harbili graduated from the Business Administration Department at Celal Bayar University in 2004. He completed his master’s degree in Management and Organization at the same university in 2006.
He joined the Zorlu Group in 2005 and served as a Human Resources Specialist at Vestel’s Human Resources Department between 2005 and 2009. From 2010 to 2016, he worked as a Human Resources Manager at the Zorlu Holding Human Resources Group Presidency. After joining Zorlu Real Estate in 2016, he held the positions of Human Resources Manager and then Group Manager of Human Resources. Since 2021, he served as the Human Resources Director at Zorlu Real Estate. As of July 1, 2024, Ramazan Harbili has been appointed as the Human Resources Director at Zorlu Enerji.
Tamer AKASLAN
Director of Osmangazi Electricity Retail Sales Inc.
Tamer Akaslan graduated from Istanbul Technical University, Department of Geomatics Engineering in 1993.
He started his career in 1991 as a Survey Engineer at Sae International, where he later served as Project Coordinator from 1995 to 1998. Between 1998 and 2007, he held various positions at İzgaz, including Chief Survey Engineer, Survey and Design Manager, and Project Study Manager. In 2007, he served as Regional Manager at Aksa Natural Gas – Black Sea Region, and in 2008 as Deputy General Manager at Uzfederal Gaz.
Akaslan joined Zorlu Enerji in 2008 and held roles such as Regional Manager of GAZDAŞ Trakya and Director of Natural Gas Distribution for the Trakya Region. Since August 1, 2024, he has been serving as Director of Osmangazi Electricity Retail Sales Inc. within Zorlu Enerji.
Neslihan SEÇEN
Manager of Corporate Communications and Marketing
Neslihan Seçen graduated from Hacettepe University, Department of Translation and Interpreting in 2007. She completed her MBA at Sabancı University in 2019.
Her professional career began in 2007 as a Translator at Gantek Technology. Between 2009 and 2021, she worked at SEDAŞ in various roles including Translator, Executive Office Coordinator, and Corporate Communications Manager.
She joined Zorlu Enerji in 2022 as Corporate Communications Manager. As of July 1, 2024, she served as Corporate Communications Manager at Electrip Global, and as of March 1, 2025, she continues her role within Zorlu Enerji as Manager of Corporate Communications and Marketing.
Halil ÖZ
CEO Office and Commercial Planning Group Manager
Halil Öz graduated from Boğaziçi University with a degree in Mechanical Engineering in 2012 and completed his master’s degree in Financial Engineering at the same university in 2017.
He began his career at Ford Otosan in 2012 and joined Zorlu Enerji in 2013 as an Associate Specialist in the Electricity Trading Department. Over the years, he assumed various roles within the same department, including managerial and director-level responsibilities.
In the field of electricity trading, he has been involved in managing generation and consumption portfolios, bilateral agreements, trading strategies, and electricity price forecasting.
As of March 1, 2025, he serves as Group Manager responsible for the Electricity Trading and CEO Office.
Tamer SOYLU
Group Manager, Sustainability, Quality, and OHS-E
Tamer Soylu graduated from Istanbul University, Faculty of Forestry, with a degree in Forest Engineering in 1998.
He started his career in 2000 as a Project Manager at the TEMA Foundation. Between 2013 and 2014, he worked as Operations Manager at Enat A.Ş.
He joined Zorlu Enerji in 2014, where he served as Environmental and Corporate Responsibility Manager and later as Sustainability Manager.
Since June 1, 2020, he has been serving as Group Manager of Sustainability, Quality, and Occupational Health, Safety & Environment (OHS-E) at Zorlu Enerji.