Econergy raises NIS550m from institutional investors
Categories: Investment Funds, Projects & Energy
Econergy Ltd. completed a private placement of shares to institutional investors, raising approximately NIS 550 million.
The proceeds will support the continued development of Econergy’s renewable energy portfolio, which totals approximately 12.5 gigawatts, and reflect continued investor confidence in the company and the broader renewable energy sector.
Erdinast, Ben Nathan, Toledano represented Econergy throughout the transaction. The firm’s team was led by Moty Yamin, Meni Kogan, Chen Balaban, Esti Rashragovich Bar, and Nicola Olstein.
