Supergas sells natural gas and cogeneration operations to Aluma in NIS400m deal
Categories: Corporate and M&A, Projects & Energy
Supergas Power has sold its natural gas supply and cogeneration operations to Aluma Infrastructure Fund in a transaction valued at approximately NIS 400 million.
The deal expands Aluma’s infrastructure and energy portfolio and comes amid continued investor interest in Israeli energy and utility-related assets. Supergas Power operates across natural gas distribution and cogeneration activities in Israel.
Meitar represented Aluma, with a team led by Izzy Holdstein and Danna Martsiano.
Naschitz Brandes Amir represented Supergas.
