Our report on the changes in the Electricity Market License Regulation is out now!
New Regulation from EMRA: Changes in the Shareholding Structure of Preliminary License Holder Companies are Now Subject to the Approval of EMRA!
With the regulation published on 17 August 2024 in the Official Gazette amending the Electricity Market License Regulation, it is now mandatory to have the approval of EMRA for changes to be made in the shareholding structure of legal entities at the preliminary license stage. While previously a written notification was sufficient, with the new regulation, changes made without approval may lead to the cancellation of the preliminary license. This critical regulation is of great importance for investors and energy sector stakeholders.