Ahmet Eren, Chairman of the Board of Directors of Eren Holding, announced new energy investments.

Eren Holding, which operates a thermal power plant in Zonguldak using imported coal, is increasing its energy investments.

The company, which decided to add a $1.2-billion power plant to its investment in Zonguldak, will also invest $300 million in a 430 MW natural gas conversion power plant in Çorlu.

Ahmet Eren, Chairman of the Board of Directors of Eren Holding, stated, "We have reached an agreement with Garanti Bank for an $800-million loan to be used in the investment."

(Source: http://www.sabah.com.tr)