Bank Leumi close NIS 510 million facility agreement with Menorah Synergy

Categories: Banking & Finance, Projects & Energy

Bank Leumi has closed a NIS 510 million facility agreement with Menorah Synergy, a subsidiary of TeraLight and Senergy Renewable Energy, to finance a portfolio of photovoltaic power plants on roofs and reservoirs totaling approximately 124 megawatts.

ERM advised the bank, led by partners Amnon Epstein, Chen Weiss, associates Nir Shaked and Ori Nehmad from the firm’s Energy department.