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Turkey

Zorlu Enerji sells 41% stake in Electrip, operator of Turkey's largest charging network ZES, for $147.6m

By Eve

Zorlu Enerji has agreed to sell its entire 41.28% stake in Electrip Global Limited to Wren House Infrastructure and Kuwait Investment Authority for $147.6 million, exiting the partnership that operates Turkey's most widespread charging network under the ZES brand. Electrip, founded in 2022 as a joint venture between Zorlu Enerji and Wren House Infrastructure, currently operates over 1,300 charging stations across Turkey, Italy, Poland, Greece, Bulgaria, France and Croatia. Zorlu Enerji will use proceeds to finance ongoing and planned investments and meet existing financial obligations.

Why it matters

The sale consolidates ownership of Turkey's leading charging network under infrastructure investors, signalling a shift from energy utility to specialist infrastructure capital in the Turkish EV charging market. Electrip's pan-European footprint of over 1,300 stations positions the new ownership to pursue cross-border procurement opportunities and standardised rollout strategies across six countries.

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Original title
“Zorlu Enerji, Türkiye’nin en yaygın şarj ağı ZES’i elden çıkarıyor”
Published
20 October 2026
Also covered by
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