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
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreEcosun Expert has been acquired by TSG Group
The successful acquisition of Ecosun Expert by TSG Group has been completed.
Learn more