Alstom Eyes 30 Percent Stake in Turkish Geothermal Energy Company Deltom (Balkans Business news)
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| (Courtesy CIA.gov) |
France-based
Alstom has reached a preliminary agreement to acquire a 30 percent stake in Turkish energy company Deltom Jeotermal, a subsidiary of Delta Yatirim, according to a filing made to the Turkish Competition Authority.
The French conglomerate, which mainly operates in the transportation and energy sectors, intends to team up with Turkey’s Delta Group to develop geothermal sites and install power plants utilizing geothermal sources in the country.
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