Renewable energy developer Econergy completes NIS500m bond offering
Categories: Capital Markets
Econergy Renewable Energy Ltd. completed a NIS 500 million straight bond issuance (Series C) that drew investor demand exceeding NIS 1.1 billion, marking the company’s first-ranked public bond raising under its growth plan.
The renewable energy developer, active in the European clean-energy sector, has secured an issuer rating and a stable bond outlook from a rating agency, supporting its capital markets strategy. The new bonds expand the company’s access to institutional liquidity and deepen its financing base in local debt markets.
Erdinast, Ben Nathan, Toledano acted for the issuer, with partner Meni Kogan and associate Chen Balaban steering the transaction.
