Hadera Paper Plant 120MW Cogeneration Power Project

1/4/2016
Project development, Project finance

NIS 1.5 billion

$ 404.545 million

Announced

1/4/2016


Overview:

  • Hadera Paper Plant 120MW Cogeneration Power Project.
  • A new 120MW power plant is being constructed on the site of the Hadera paper mill.
  • The plant will produce both electricity and steam.
  • Advanced Integrated Energy has taken out NIS1.5 billion in financing to support the construction from Israel Discount Bank and Harel Insurance Group.

Sam Duke - Editor

Jurisdiction:

Israel

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Energy


Firms:

Party: Israel Discount Bank (Lender)

Party: Harel Insurance Investments and Financial Services (Lender)


Party: IC Power (Sponsor)

Party: Advanced Integrated Energy (Borrower, Project developer)

Lawyer: Miri Kimhi