News

| Amit Levy
January 31st, 2018

Gornitzky represented IPM Beer Tuvia Ltd. in all phases of the initiation and the financial closing process for the construction of a 450 megawatt conventional power plant.

Gornitzky represented IPM Beer Tuvia Ltd. in all phases of the initiation and the financial closing process for the construction of a 450 megawatt conventional power plant. The initiation phases included complex regulatory consulting, negotiations vis-à-vis the equipment provider and the building and operating contractor of the Siemens AG power plant and gas providers, Tamar and Leviathan. Negotiations for the financing agreements were carried out with Deutsche Bank and Bank Hapoalim, in the scope of approximately NIS 2 billion, and were also supported by guarantees from Euler Hermes, a foreign trade credit insurance company, entrusted by the German government.

 

The company was represented by Partners Jack Smith and Dubi Gross, together with Associates Amit Levy, Yael Kleinman and Avigail Labaton.

May 20th, 2015

Gornitzky represented China Railway Tunnel Group (CRTG) in their win of the NIS 2.9 billion tender to build the tunnels and underground stations in the western section of the Tel Aviv light rail's red line.

Gornitzky represented China Railway Tunnel Group (CRTG) in their win of the NIS 2.9 billion tender to build the tunnels and underground stations in the western section of the Tel Aviv light rail's red line, together with the Solel Boneh unit of Shikun & Binui Holdings Ltd. This tender is largest tender in the project operated by NTA Metropolitan Mass Transit System Ltd.


China Railway Tunnel Group is represented by Itay Geffen (Partner), Yiftah Farber and Amit Levy.

June 9th, 2017

Gornitzky represents Noy Fund in its NIS 120 million purchase of Tahal Group's shares.

Gornitzky represents Noy Fund, an Israeli infrastructure and energy investment fund, in the acquisition of Tahal Group's stake in the pumped-storage hydroelectricity project in Kochav Hayarden, for approximately NIS 120 million.

 

Noy Fund was represented by Partners Itay Geffen (Head of Infrastructure), Ronit Rozenstein-Barel and Amit Levy (Associate).

January 12th, 2015

Gornitzky represented Israel Corporation as the conglomerate split itself into two parts, and in the dual-listing of its spin-off, Kenon Holdings Ltd., on the TASE and on the NYSE.

Gornitzky represented Israel Corporation (TASE: ILCO) as the conglomerate split itself into two parts by way of a distribution of a dividend in kind, and in the dual-listing of its Singaporian spin-off corporation, Kenon Holdings Ltd. (TASE: KEN, NYSE: KEN) on the Tel Aviv Stock Exchange and on the New York Stock Exchange.

 

Israel Corporation and Kenon were represented by Pinhas Rubin (Firm Chairman) and Lior Porat (Partner), together with Elite Elkon-May-Tal (Partner), Gil Grady (Partner, tax), Yair Shiloni (Partner, capital markets), Idan Baki (Partner, finance), Avner Finkelshtein (Partner, antitrust), Nurit Traurik (Partner), Ori Yitzhak, Itamar Ben Yehuda (capital markets), Avishai Marom, Amit Levy, Shira Porat (finance) and Natalie Dragot.