Financial closing to Ellomay Pumped-storage hydroelectricity project at the amount of 1.5 Billion NIS

Orit Marom Albeck, Revital Ben Artzi, Sandra Manor Richter, Eyal Ron, Mor Weiss, Matan Dekel and Roni Shiner have been working around the clock to support the financial closing of to Ellomay Pumped-storage hydroelectricity project at Menara Cliff.

This is extraordinarily complex project, in all aspects – starting from finance through construction and finally the operation and maintenance of a power plant.

The scope of this project is over NIS 1.5 billion, and it will be the first of three pumped-storage hydroelectricity power plants to be built in Israel.

Our firm has been accompanying the project since 2014.

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