Karadeniz Energy Group's mother company Karadeniz Group was founded in 1948 by the late Rauf Osman Karadeniz.
Karadeniz Energy Group's activities started in 1996. KEG is the first private company to get licensed in more than one sector: production, wholesale and export licenses.
With its land based power plants and floating power plants (Powerships), KEG supplies reliable electricity both in domestic and international markets.
KEG continues its operations in Turkey and MENASA region.