Mekorot Water Company has raised funds through a bond placement
Mekorot Water Company (Mekorot) has completed a fundraising to refinance and develop the company.
Mekorot is a wholly-owned government company under the purview of the Ministry of Energy and Water and the Ministry of Finance. Mekorot was defined in the Water Law as the national water company and it is accountable to the Water Authority – the regulator that supervises Mekorot’s activities on behalf of the state. The company was founded in 1937, before the establishment of the state. Since then, it has made a profound national contribution to realizing the Zionist vision and transforming it into a sustainable reality. The infrastructure and huge water plants founded by Mekorot have essentially facilitated life in Israel and provided solutions, at all times, to all sectors – households, fields, farmers and industrial plants.
Oaklins’ team in Israel advised Mekorot Water Company and acted as a member of the distributors’ consortium.
Talk to the deal team
Related deals
Sunlight Group has acquired a 51% stake in Lehmann Marine GmbH
Through its acquisition of a 51% stake in Lehmann Marine GmbH, Sunlight Group continues to strengthen its position in the growing energy solutions market, while expanding its portfolio of innovative technologies. With over 30 years of expertise in producing lead-acid and lithium-ion batteries, Sunlight Group has established itself as a leader in advanced battery technology.
Learn moreCircle K has acquired Hanex
Hanex has been acquired by Circle K. This transaction highlights a key aspect of Circle K’s growth strategy, aimed at expanding its fuel station network across the Netherlands.
Learn moreE-distribuzione S.p.A. has sold 90% of NewCo to A2A S.p.A.
E-distribuzione S.p.A. has signed an agreement with A2A S.p.A. for the sale to the latter of 90% of the capital of a newly incorporated vehicle, to which electricity distribution activities in some municipalities of Lombardy will be contributed. Furthermore, E-distribuzione has also signed a non-binding memorandum of understanding with A2A aimed at exploring the possible acquisition of certain electricity distribution activities currently held by A2A, outside the provinces of Milan and Brescia.
Learn more