Advised Menorah Insurance Group in the Establishment of a Solar Investment Fund with Canadian Solar Group

By Reut Maor Kartowsky | Sep 2017 | Transaction

FBC represented Menorah Insurance Group in the establishment of a solar investment fund with Canadian Solar Group, one of the world’s largest solar power companies.
Approximately NIS 62 million is expected to be raised from both parties, in order to finance the development, construction and ownership of several solar power projects in Israel. Such projects may be awarded to the fund pursuant to solar power tenders published by the Israeli Electricity Authority from time to time.

For press on the matter see here and here