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Since the day of establishment, the company’s main goal has been to specialize mainly in energy field as a key player in this sector. UNIT’s vision consists primarily of becoming a solution provider for power plant investments as designer, developer and investor in electricity sales and trade. During the past 35 years, UNIT has stepwise reached its goals. Being started with gas fired power plants constructions in 1980’s, energy focused strategies and continuous efforts ended up with the establishment of one of the most sizeable asset portfolios in the South Eastern Europe, Turkey and Middle East region. The main driver of this success has always been the business excellence minded management approaches and openness to strategic collaborations when needed. Unit’s long lasting and sound partnerships with the worldwide international energy companies can be shown as a proof of this business strategy. Another success factor of UNIT is the flexible corporate structure that enables adopting into the rapidly changing market conditions by tackling the difficulties in a way that converts them into new opportunities. UNIT’s first energy investment, 480 MW Uni-Mar CCGT, is accepted as the first BOT power plant in Turkey. After 2006, when the local policies in Turkey finally whetted investors’ appetite with signs of liberalization, Unit took advantage of being dynamic and flexible and started a new investment era with two hydroelectric power plant investment projects, namely Bagistas (49 MW) and Boyabat (513 MW), the latter being the largest hydroelectric power plant invested by private sector in Turkey. As another example of UNIT’s advanced adaptation skills, Group’s one of the most important energy generation asset, 865 MW of Gebze Natural Gas Power Plant, designed as a fast cycling power plant to assist the flexible generation need of merchant basis Turkish energy market. In each UNIT investment, there has always been some unique attributes that differentiates the invested asset from its rivals. This competitive advantage should actually been anticipated as a product of UNIT’s advanced level of business development processes. UNIT’s business development processes consist of several iterative stages where roles and responsibilities within the corporate departments are well-defined. The below schema gives a visual representation of how and in which order business development sub-processes take place;  RENEWABLE ASSETS One of the most important mottos of Unit Group’s spirit is respecting the environment. In all of its project designs, the company emphasizes the importance of protecting the environment and nature. Obviously, having renewable energy investment has become a part of this responsibility. Besides the hydroelectric mentioned earlier, the Group’s renewable energy investment projects include biomass, solar and wind energy projects under development and construction, whose assessments are expected to be completed within 2011. BIOMASS POWER – TURKEY The Company has been involved in developing biomass power plants in Turkey with a main aim of having regionally spread power generation facilities based on biomass (forest and agricultural wastes). The target capacity is 150 MW and the main focus region is Central Anatolia. BIOMASS POWER – CROATIA A subsidiary of UNIT Investment N.V., Univiridas d.o.o., has started project development activities for a biomass power plant in Croatia for an installed capacity of 10 MW. The feedstock is biomass from forestry wastes; the power plant is expected to be operational within 2013 and to supply heat as well as power. SOLAR POWER – CROATIA A subsidiary of UNIT Investment N.V., Unisol Kastelica d.o.o., started development activities for a solar power plant in Croatia for an installed capacity of 10 MW. Being in one of the most irradiated areas in Croatia, the power plant is expected to be operational within 2012. COMBINED HEAT AND POWER PLANT - ROMANIA UNIT Investment N.V. has been developing 400MW combined heat and power plant to meet (i) heat demand of South Bucharest, Romania and (ii) electricity demand of Bucharest, Romania, with her state owned partner Electrocentrale Bucuresti SRL. UNIT Investment N.V. being the majority shareholder, a special purpose vehicle, UNIEL Energy Investments S.A., is established for the development and investment activities in 2006. The power plant is expected to be operational within 2015. |
