ISTANBUL Feb 18 Gama Enerji, a Turkish power
producer half-owned by General Electric (GE.N), plans to float a
30 percent stake in an initial public offering at the end of
2011 or start of 2012, a company official said late on Thursday.
Gama Enerji, which also develops water infrastructure
projects, has mandated Goldman Sachs and Turkey's Garanti
Securities to advise on the IPO, the official said on condition
his name was not used.
Gama Enerji runs wind farms and coal and gas-fired plants in
Turkey and operates a $1 billion water conveyance project in
Jordan. It is also involved in project financing, according to
(Reporting by Evrim Ergin, writing by Ayla Jean Yackley)