OPC Energy buys Sugat power plant from Dor Alon in NIS 1 billion deal

Categories: Projects & Energy

OPC Energy, a subsidiary company of Ofer Brothers Group, has acquired the full ownership rights in the Sugat power plant from Dor Alon, managed and owned by Moti Ben Moshe.

The deal is one of the largest deals in the energy industry, worth approximately NIS 1 billion.

This deal was accomplished in a record time, vs. significant competition and time constraints, until its successful completion.

Shibolet advised on the deal with Alon Ziv representing OPC Energy, assisted by
Eyal Ron, Sharon Adler, Lishai Koren , Eynav Dahan, Tslil Handelman, and Matthew Nahum.