Equity Offering by OPC Energy

Our firm represented OPC Energy, one of Israel’s leading energy companies, in an equity offering of approximately NIS 850 million via a public shelf prospectus offering. In the preliminary tender for classified investors, demand reached approximately NIS 1.25 billion (including from Kenon Holdings, the company’s controlling shareholder). OPC is Israel’s first and leading private electricity company, active mainly in the production and supply of electricity and energy both in Israel and the U.S., including in the initiation, development, management, construction, and operation of power plants and energy facilities in Israel and the U.S.