IC Power Israel acquires rights to build 396 MW gas power station in Israel

IC Power Israel entered into an agreement to acquire 95% of Zomet Energy, which holds rights to develop a 396 MW natural gas-fired power station at Plugot Junction, Israel. The transaction is subject to regulatory approvals.

“IC Power Israel (ICPI) has entered into an agreement to acquire 95% of the shares of Zomet Energy Ltd. (Zomet) from Ipswich Holdings Netherlands B.V. (47.5%) and Rapac Energy Ltd. (47.5%).”prnewswire.com

• 1 source
• prnewswire.comIC Power Israel has Agreed to Acquire Rights to Construct a 396 Mw Natural Gas Power StationKenon Holdings Ltd.Apr 6, 2017

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