Financial advisory services for a $ 1B solar-power project in Israel

Advising a consortium of developers led by Shikun & Binui (S&B) on a BOT project for a new 121MW CSP plant in southern Israel
  • Business Dilemma:
    A consortium led by S&B was seeking a BOT tender published by the government of Israel for the design, construction, financing, and operation of a large-scale CSP plant in southern Israel. TASC was commissioned to advise on all financial aspects of the project.

 

  • Process: TASC was involved in structuring the consortium; formulating a tender strategy; formulating a business and financing plan for the project; negotiating with the tender committee to increase our client’s chance of winning; securing over NIS 3B of debt, including local, offshore, commercial and multilateral debt in three currencies; negotiating and closing financing for the project; and consulting during the construction period.

 

  • Strategic Solution & Impact:
    The S&B consortium won the tender and closed on financing. The plan began operation in late 2018.

For more information: Tom Maurice, Tom.Maurice@tasc-consulting.com