OPC Energy Secures USD300m Cross-Border Financing
OPC Energy Ltd., an Israeli-listed power and renewable energy company, has secured a USD 300 million cross-border syndicated term loan facility to finance its equity contribution to CPV Group LP for the development of a new power plant in Texas.
The transaction bridges Israeli and U.S. project finance structures, harmonizing market standards across both jurisdictions and setting a new benchmark for U.S.–Israel cross-border financing.
Bank Leumi led the syndicated loan, advised by Gornitzky and Milbank LLP.
The Gornitzky team included Eli Elya, Meir Dominitz, Nir Keidar, Oleg Zavurov, and Itay Elbaum, with Dr. Assaf Prussak advising on tax matters.
The deal is viewed as a landmark collaboration in the energy sector, reinforcing financial connectivity between the Israeli and U.S. markets.