Ellomay Capital Ltd – Renewable Energies (ELLO) closed a NIS 1.5 Billion financing of the pumped storage hydro project at Manara Cliff

Categories: Projects & Energy

Ellomay Capital Ltd – Renewable Energies (ELLO) closed a NIS 1.5 Billion financing of the pumped storage hydro project at Manara Cliff, in northern Israel.

The Manara Project, which will be one of the only three pumped storage power plants to be built in Israel, includes the financing, construction, operation, and maintenance of the power plant.

The Shibolet team consisted of partners Orit Marom Albeck, Revital (Tali) Ben-Artzi, Eyal Ron, Alon Ziv, and associates Sandra Manor-Richter, Mor Weiss, Matan Dekel and Rony Scheiner.