IC Holding, is a private conglomerate in Turkey[1] including construction (IC İçtaş İnşaat),[2] electricity generation (IC İçtaş Energy)[3] and tourism (IC Hotels).[4] It was founded by the current Chairman İbrahim Çeçen.[5] İbrahim Çeçen's son, Fırat Çeçen[6] is the Vice Chairman,[7] who is also the Chairman of IC Ibrahim Cecen Investment Holding.[8]
| Industry | Conglomerate |
|---|---|
| Website | icholding.com.tr |
With Limak Holding it has a subsidiary IC İçtaş Energy which owns two coal-fired power stations in Turkey, Kemeköy power station and Yeniköy power station,[9][10] and locals have protested that that company has cut down trees in Akbelen Forest to expand the open pit coal mine which feeds the power stations.[11] In 2022 criticism of their air pollution continued.[12]
Climate TRACE estimates IC İçtaş Energy’s coal-fired power stations emitted over 5 million tons of the country's total 730 million tons of greenhouse gas in 2022,[13][14] and it has been put on the Urgewald Global Coal Exit List.[15]
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