Phoenix Insurance Buys Dorad Energy stake at a NIS 2.8B Valuation
Categories: Corporate and M&A
The Phoenix Insurance, a leading Israeli financial services and insurance provider, has acquired a stake in Dorad Energy, one of Israel’s largest private power producers, in a deal valuing Dorad at NIS 2.8 billion.
This investment strengthens The Phoenix’s presence in Israel’s energy sector and highlights the growing role of institutional investors in infrastructure and power generation.
Epstein Rosenblum Maoz advised The Phoenix, with legal counsel from Amnon Epstein and Ron Abelski, supported by Michal Gazit Molcho, Errel Peli, and Nir Shaked.
