PEI (Petroleum and Energy Infrastructure) has successfully completed a funding round of NIS 350M

PEI (Petroleum and Energy Infrastructure) has successfully completed a funding round of NIS 350M. The bond offering had a significant demand that reached NIS 1.34B, more than five times of the funds expected to be raised. The capital is meant to finance, among other things, the connecting of private power plants to the company’s central fuel infrastructure, to guarantee energy security to the Israeli economy. Our partners Nir Dash and Yehuda Aharoni (Hommfor), and associate Shai Ashri, who worked on this matter, are proud to have taken part in this important national project.