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IC Power Israel (ICPI) agreed to acquire 95% of Zomet Energy Ltd., which holds rights to develop a 396 MW natural gas 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 percent of the shares of Zomet Energy Ltd.”miningconnection.com
Summarized from public sources; check the original articles before acting on it.