|
|
|
|
International Electricity Supplier Announces Closure Of Acquisition Of Competitive Power Ventures
The following story is brought free of charge to readers by EC Infosystems, the exclusive EDI provider of EnergyChoiceMatters.com
OPC Energy Ltd. announced that its acquisition of Competitive Power Ventures (CPV) received regulatory approval and has closed.
OPC Energy Ltd. is a private electricity company in Israel engaged in the initiation, development, construction and operation of power plants, as well as electricity generation and supply to private customers and the Israel Electric Corporation.
As previously reported, OPC, partnered with three Israeli institutional investors, agreed in October to acquire 100 percent of CPV from Global Infrastructure Partners (GIP), and now fully owns CPV's operating assets, development pipeline and asset management business.
See more details on the transaction here
"OPC plans to invest significant capital in CPV to expand its businesses and fund its future growth, focusing on renewable energy and highly efficient gas projects," the company said
"We are excited to announce the completion of the CPV acquisition. The transaction puts OPC directly into the areas of green energy, and especially into the areas of solar energy and wind energy, which are part of CPV's significant growth engines" said Giora Almogy, CEO of OPC.
ADVERTISEMENT Copyright 2010-21 Energy Choice Matters. If you wish to share this story, please
email or post the website link; unauthorized copying, retransmission, or republication
prohibited.
January 25, 2021
Email This Story
Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
NEW Jobs on RetailEnergyJobs.com:
• NEW! -- Channel Partner Sales Manager -- Retail Supplier
• NEW! -- Experienced Retail Energy Account Manager
• NEW! -- Sales Channel Manager -- Retail Supplier
• NEW! -- Retail Energy Account Executive -- Texas
• Supply and Pricing Analyst -- Retail Supplier -- DFW
• Lead Data Analyst
-- Retail Supplier
• Senior Energy Pricing Analyst
• Senior Energy Advisor
• IT Billing Project Manager
• IT Billing Business Analyst
• Financial Analyst -- Retail Supplier -- DFW
|
|
|