GAMA Enerji is a joint venture with Turkish group GAMA that has developed several wind farms in the country.

After a seven-year partnership, GE’s energyinvestments subsidiary GE Energy Financial Services confirmed it hasapplied to the Competition Board to seek approval for the transfer of its 50%stake to GAMA Holding.

GE decided to exit some of its joint energy investments,however the company “would continue pursuing new opportunities in cooperationwith GAMA Holding,” according to a statement.