Gama Enerji A.Ş., based in Türkiye, is involved in the generation, distribution, and trading of electricity, with investments in both conventional and renewable energy projects. The company operates power generation assets and has interests in water utility services.

Tenaga Nasional Berhad (TNB), is one of the largest electricity utility providers in Malaysia and one of the largest in Southeast Asia, with operations across power generation, transmission, and distribution. With this transaction, TNB acquired a 30% shareholding in Gama Enerji for USD 243 mn, supporting its strategy to expand its international presence in the energy sector.