Yesil Global Enerji, which operates renewable waste-to-energy power plants in Turkey, filed on Tuesday with the SEC to raise up to $86 million in an initial public offering.
Yesil Global Enerji is a Turkish renewable energy company that develops and operates waste-to-energy power plants, converting landfill gas and biogas from municipal solid waste into grid-stable electricity. The company operates six landfill gas-to-energy facilities across Turkey, including the Avcikoru plant, the country’s largest waste-to-energy power plant by production. Yesil Global Enerji supplies electricity to the national grid and industrial customers, and is evaluating expansion into geothermal and US natural gas projects through their wholly owned subsidiary, Power Upp USA.
The Istanbul, Turkey-based company was founded in 2007 and booked $53 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol PWRU. Yesil Global Enerji filed confidentially on November 12, 2025. D. Boral Capital is the sole bookrunner on the deal.
