Founded on 16.04.2009, Egenda Co. holds an 89% share in WPP IYTE Energy Production Co. while the smaller partner Izmir Institute of Technology holds the remaining 11% of shares. Located in the IYTE Campus, Urla WPP has an installed capacity of 13 MWe and annual average energy production capacity of 40,600 MWh. Currently a part of Egenda Ege Energy Production Co. legal entity, negotiations are in progress to transfer the plant to WPP IYTE.