Commercial Credit Report for Cates Elektrik Uretim AS

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	Cates Elektrik Uretim AS

Phone: +90 3722643050p:+90 3722643050	ZONGULDAK, Turkey	Ticker: CATES.ECATES.E

Business Summary

Cates Elektrik Uretim AS is a Turkey-based company, which is engaged in electric power generation activities. The Company primarily focuses on electricity generation from coal-powered thermal plants and it operates Catalagzi thermal power station which is located in Zonguldak. Catalagzi plant utilizes Zonguldak region's hard coal, which cannot be used in heavy industry, the power plant has two units its total installed power is approximately 315 MW, and its annual production capacity is over 2 GWh. Cates Elektrik is a member of the Aydem Holding Group which is active in the energy sector, and its main activities consist generation and distribution of electricity, power plant construction, and electricity retail.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
6/30/2024	12/31/2023	-	-	-	-	-

Industries

SIC Code	Description
4911	Electric services

General Information

Number of Employees:	386	(As of 6/30/2024)
Outstanding Shares:	165,200,000	(As of 6/30/2024)
Stock Exchange:	IST
Email Address:	catestermik@cates.com.tr

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