Onur Mustafaoğlu

Onur Mustafaoğlu

Co-founder & CEO

Onur Mustafaoglu, one of our founding partners and energy markets experts, will be leading Vensol Energy thanks to his 17 years of experience in the sector. Mustafaoglu has managed national and international company acquisitions and business development processes in prestigious energy companies based in Turkey, the Middle East and Europe, has completed the purchasing and sales processes of many renewable energy projects, established and managed renewable energy-based investment funds.          

Onur Mustafaoglu, one of Vensol Enerji Investment & Financial Advisory co-founders, is an energy market professional with 17 years of local and international exposure, focusing on business and project development, investment strategies, M&A and financing/refinancing of renewable energy projects, private equity investment funds. Onur is also currently general partner and investment committee and board member in Actus Greenone Yenilenebilir Enerji Private Equity Investment Fund and Istanbul Portfoy1 Efeler Ciftligi Tarim ve Hayvancilik Private Equity Investment Fund.

Prior to Istanbul Portfoy, Onur served as Country Head for Alcazar Energy Partners2, a Dubai based renewable energy fund, for more than 3 years.

Onur oversaw full cycle of M&A activities for Alcazar in Turkey and Jordan. Total enterprise value of renewable energy projects originated and due diligenced under his management was more than USD 650m. During his service, Onur also covered Greek renewable energy market and originated renewable energy portfolios with an aggregate size of more than 1.5GW consisting of onshore wind and solar PV projects.

Before joining Alcazar, Onur was Business Development Manager for SunEdison, globally the largest renewable energy developer of its time where he managed M&A and BD activities of energy projects with more than USD 1.1bn enterprise value.

Onur holds two master’s degrees: An Executive MBA from Bogazici University and Energy Engineering from The Pennsylvania State University, US.

Published Work

The author of a globally sold book on hydrocarbon based alternative energy resources3:

Characterization and Pyrolysis of Oil Shale Samples: An Alternative Energy Option

May 15, 2010


3 https://www.amazon.com/Books-Onur-Mustafaoglu/s?rh=n%3A283155%2Cp_27%3AOnur+Mustafaoglu

Expertise

  • Energy Management
  • Project Management
  • Engineering
  • Power Plants
  • Business Development
  • Mergers & Acquisitons
  • Due Diligence
  • Portfolio Management
  • Corporate Finance & Management

Education

Bogazici University

Executive MBA, Business Administration and Management

2015 – 2016

Penn State University

Master of Science (M.Sc.), Energy Engineering

2004 – 2007

Selected Transactions

Deal

Confidential (Solar Project)

Solar Portfolio

Confidential (Renewable Port.)

Mersinli WPP

Copelouzos Portfolio

J&P Avax Solar Portfolio

Kozani SPP

Sagdag WPP

Kirazli WPP

Poyraz RES 

Wind Tender Portfolio

Al Rajef WPP

Confidential (Renewable Port.)

Ma’an SPP

Solar Tender Portfolio

Soyak Enerji Portfolio

Mahyadag WPP

Role

Sellside Advisor

Buyside Advisor

Buyside Advisor

Sellside Advisor

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Buyside

Sellside

Buyside

Date

2021

2021

2020

2019

2019

2019

2019

2018

2018

2017

2016

2015

2015

2014

2013

2013

2012

Size

25 MW

69 MW

585 MW

62.4 MW

150 MW

110 MW

200 MW

55 MW

50 MW

32 MW

1000 MW

86.1 MW

535 MW

23.8 MW

120 MW

212 MW

100 MW

Enterprise Value

USD 37.5m

EUR 52m

USD 630m

USD 75m

USD 220m

USD 100m

EUR 160m

USD 82.5m

USD 75m

USD 56m

Confidential

USD 190m

USD 712m

USD 55m

Confidential

Confidential

Confidential

Projects and portfolios listed in the table are either completed transactions or sell or acquisition processes where a detailed due diligence study was fully completed, and SPA was prepared and negotiated.