Turkish renewable-energy firms Masfen and Metgün launch large IPOs

Masfen Enerji, a renewable‑energy developer listed on Borsa İstanbul, began its public offering on 22 July 2026. The IPO price was set at 45.68 TL per share, with 85 million shares (about 3.88 billion TL in total) offered. Allocation included 55 million shares via a capital increase and 30 million shares from existing shareholders. The offering was led by Deniz Yatırım and used a fixed‑price, best‑efforts method, with 68 million lots reserved for domestic retail investors and additional lots for high‑interest and institutional participants.

Metgün Enerji Yatırımları A.Ş. (METEN) completed its IPO between 20‑22 July 2026, offering 135.579 million shares at 20 TL each, raising roughly 2.71 billion TL. Demand for the shares reached about three times the size of the offering, with the strongest interest from domestic institutional investors (5.2‑times the allocation). The company’s capital grew from 544.4 million TL to 635 million TL, with 90.579 million shares issued in a capital increase and 45 million sold by existing shareholders.