Shareholders and Lenders



Established in Istanbul, Turkey in 1983, Hakan is a leading importer of Russian high quality coal. After the year 2005, Hakan started to diversify its activity in the energy sector. The group obtained in 2010 an electricity generator licence for a coal-fired power plant in Turkey. An affiliate company within the group exists in serving in the installation, engineering and project development of solar energy projects in Turkey. In its growth path Hakan has looked beyond the current region of operations and entered into a Concession Agreement with the Government of Rwanda to harvest peat from the land and develop and operate a 100 MW peat-fired power plant under a 30 years Agreement