סיגמנט סביבה מים

ג'נריישן אנרגיה - Generation Energy ג'נריישן אנרגיה - Generation Energy

Introduction

Sector

Electricity and Energy

Subsector

Conventional, Renewable Energies, Storage and Supply

Purchase year

2018

Holdings rate

100%

Investment value in the portfolio

1,054 million NIS

IRR from time the fund was established

9.6%

Average duration of engagement

3-25 years

Partners

None

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Marketing data

1+ GW

Power generation capacities

3+ GWh

Electricity storage capacities

400,000+

private customers by 2030 in partnership with bezeq

5.5+ GWh

Electricity Storage pipeline in initiation

PowerGen concentrates all of the fund’s activities in the field of electricity generation, storage and supply, and operates throughout the entire value chain – starting with the generation of electricity, through its storage in various techniques and its supply to the final consumer. PowerGen is focused on the Israeli market. In recent years, the fund has worked to create a platform under which all energy activities will be merged. This gives PowerGen an advantage for size in aspects such as: vertical and horizontal integration that increases profitability per kWh, decrease in overheads, administrative and general expenses, improvement of agreements with suppliers, efficiency in working with the regulator and more. All of these make PowerGen one of the leading private integrated electricity companies in Israel.

At the beginning of 2024, PowerGen signed an agreement with Bezeq, creating a partnership that will sell electricity to the private supply market, that opened in 2024. PowerGen will operate wearing two hats – the first, as an electricity generator selling electricity to the joint company. The second, as an equal partner in the supply segment. The diversification in means of power generation enables risk reduction and allows optimal generation every hour of the day. Additionally, connecting our power generating facilities and the supply market is expected to surplus the hidden value in the existing assets.