UPDATE 1-Global Yatirim to invest in power plant after sale
* Sells 95 percent of Yesil Enerji for 98 million euros
* To build plant in southeast Turkey
* Statkraft to invest 650 mln eur in Yesil Enerji over 5 yrs
(Adds detail, shares, background)
ISTANBUL, June 24 (Reuters) - Turkish Global Yatirim Holding (GLYHO.IS) said it would build a power station with proceeds from the 98 million euro ($136 million) sale of a 95 percent stake in its Yesil Enerji unit to Norwegian Statkraft.
Global will build a plant with a capacity of 2x135 megawatts and scheduled to open in 2012 in the southeastern province of Sirnak, chairman Mehmet Kutman and deputy chairman Erol Goker told reporters on Tuesday evening.
Global shares were up 1.5 percent at 0.70 lira at 0710 GMT on Wednesday.
Statkraft [STATK.UL] executive Tima Iyer told the meeting on Tuesday it would invest around 650 million euros in Yesil Enerji over the next five years. That figure includes the purchase price and construction of six hydroelectric power stations with total capacity of 560 megawatts.
Global Yatirim will retain a 5 percent stake in Yesil Enerji. (Reporting by Can Sezer, writing by Daren Butler; Editing by Dan Lalor) ($1 = 0.7216 euro)
