Enlight Renewable Energy Solutions, a subsidiary of the Eurocom Group, has announced a €100 million ($147 million) joint renewable energy venture with Migdal Insurance and Financial Holdings.
The new partnership will be jointly owned by Enlight (51%) — which specializes in initiating, developing, and operating projects that generate electricity from solar and wind power in Israel and Europe– and Migdal (49%), an Israel-based insurance company.
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The venture will invest in renewable energy projects outside Israel.
In November 2015, Enlight inaugurated the largest photovoltaic (PV) solar park ever to be built in Israel, a 55-MW solar farm located in Halutziot.
READ MORE: Enlight Renewable Energy
Israel listed Enlight Renewable Energy Solutions Ltd., a subsidiary of Eurocom Group, announced a €100 million ($109 million) joint venture with Israeli Migdal Insurance company and Financial Holdings More…
Enlight Renewable Energy this week inaugurated the largest photovoltaic (PV) solar park ever to be built in Israel, a 55-MW solar farm located in Halutziot. The park was built by Enlight Renewable Energy More…