Econergy Renewable Energy Ltd. has completed a significant NIS 276 million capital and debt restructuring designed to optimise its financial position. The process included two exchange offers replacing its Series A convertible bonds with a new exchange unit combining company shares and Series B straight bonds. The restructuring strengthens the company’s balance sheet and enhances […]
Author: Nicole Levy
Haifa Port’s acquisition has been bolstered by a long-term refinancing package led by Mizrahi Tefahot Bank Ltd., securing one of Israel’s largest financing transactions of the past year. The NIS 2.8 billion facility strengthens the long-term stability of a strategic national asset and supports continued investment in port operations and infrastructure. The transaction reinforces the […]
Mekorot has moved forward with the Sabha D desalination plant in Eilat, completing a two-stage tender process and signing a Design-Build contract with BlueGen, a subsidiary of Generation Capital. The NIS 425 million project will expand production capacity by 20 million cubic meters per year, strengthening water supply to Israel’s southern region. ERM advised throughout […]
Shapir Engineering and Shapir Living have expanded their ownership in the nationwide senior-living operator “Ad 120,” acquiring an additional 15% stake at a valuation of NIS 1.9 billion. Shapir now holds 68% of the company, following the transaction, which reinforces Shapir’s strategic position in Israel’s growing senior-living and residential infrastructure market. The NIS 280 million […]
Clearmind Medicine, a NASDAQ-listed biotechnology company developing psychedelic-based treatments for mental health and addiction, completed two registered direct offerings of common shares and pre-funded warrants in November 2025. The fundraising supports the company’s continued clinical development and strengthens its position in the growing psychedelics therapeutics market. Greenberg Traurig Tel Aviv advised Clearmind Medicine, led by […]
Israel has proposed a 2026 tax-incentive framework aimed at encouraging aliyah and the return of veteran residents by offering temporary tax exemptions to individuals who establish residency during that year. The initiative follows a sharp global increase in antisemitic incidents since October 7, 2023, and targets high-socioeconomic individuals who may now consider relocating. The government […]
In addition to the boost to the southern city of Ashkelon above, the Israeli government has approved a NIS 1.2 billion urban renewal plan designed to transform Beersheba into a leading economic and technology center for the Negev. The multiyear project includes new residential and commercial construction, major infrastructure upgrades, and targeted investment to draw […]
Canadian investment fund AWZ will invest NIS 5 billion to build a new semiconductor plant in Ashkelon’s Tera Park, with the total project potentially reaching NIS 40 billion. The 70,000-sqm site will include R&D labs, silicon-wafer fabrication, and advanced chip assembly and testing operations, employing roughly 350 people, including 150 in R&D. AWZ aims to […]
Cozen O’Connor has expanded its global tax and Israel practices by appointing international tax attorney Oz Halabi to its New York office. Halabi advises clients in technology, life sciences, and financial services on cross-border structures, M&As, public offerings, CFIUS reviews, export control, and wider U.S.–Israel regulatory issues. He will co-head the Israel Practice with Samuel […]
Brand Group Ltd. has acquired control of Natun Group, one of Israel’s leading companies in property management, operations, and maintenance. The NIS 76 million acquisition marks a major step in Brand Group’s growth strategy as it broadens its reach across engineering, infrastructure, technology, defense, and renewable energy. The move strengthens the company’s position in Israel’s […]
