Herzog Fox & Neeman advised Meshek Energy on completing the offering of public bonds to fund future solar power projects

Categories: Projects & Energy

Herzog Fox & Neeman (HFN) has advised Meshek Energy on completing the offering of public bonds to fund future solar power projects.

Using a unique device, this is the first time an Israeli company has raised senior debt on a project-by-project basis through a public bonds offering. The offering was very successful and met high demand and low-interest rates.

Israel-based solar projects developer, Meshek Energy will get access to the funds as its green energy initiatives progress.

HFN partners Nir Dash and Reut Alcalay with associate, David Azimov advised on the offering. The firm also acted for Meshek Energy in its IPO on the Tel Aviv Stock Exchange in June 2020, as it then raised NIS 140 million.