OPC Energy’s NIS330 Million Rights Offering

Gornitzky advised OPC Energy on the deal.

OPC Energy Ltd. completed a NIS 330 million (approx. $102.8 million) rights issuance to the company’s shareholders.

OPC is a leading company in Israel in the field of electricity generation and supply to private customers and to the Israel Electric Corporation, and as such it holds and operates the Rotem and Hadera power stations, and also operates in the field of maintaining, developing, constructing and managing power plants in renewable energy and conventional energy (natural-gas operated) in the USA.

The Gornitzky team consisted of Partners Nurit Traurik (Picture), Yair Shiloni and Itamar Ben Yehuda together with Associate Lior Elkayam.

Involved fees earner: Itamar Ben Yehuda – Gornitzky & Co.; Lior Elkayem – Gornitzky & Co.; Yair Shiloni – Gornitzky & Co.; Nurit Traurik – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: OPC Energy;