A natural gas power plant of Turkish company Enerjisa | Source: companyIt is not every day that one of the world’s industrial giants sets up shop with one of the titans of a big, dynamic economy, so Eon‘s proposed joint venture with Sabanci Holding of Turkey has caused quite a stir.

Eon is taking a fifty per cent stake in Enerjisa, the energy group half-owned by Turkey’s Sabanci Holding, replacing Austria’s Verbund, which previously held the shares and which is exchanging its holdings for full ownership of eight Bavarian hydro-electric power stations. Read more