Karadeniz Holding is a Turkish conglomerate established in 1948, primarily focused on the energy sector, with additional interests in finance, real estate, and shipbuilding. The company entered the energy market in 1996 and quickly became a leader in Turkey by securing the first wholesale electricity sales license and engaging in cross-border electricity trade.

The company specializes in electricity production and distribution, operating power plants that serve residential and commercial customers worldwide. Karadeniz Holding is known for its innovative Karpowership fleet, which consists of 50 floating power plants with a combined capacity exceeding 10,000 MW. These Powerships provide electricity in 15 countries across Africa and Asia, meeting significant energy needs in various regions. With over 2,300 employees and operations in at least 11 countries, Karadeniz Holding is recognized for its fast-track power solutions that effectively address urgent electricity demands in emerging markets.