Congratulations to Solegreen Ltd. and Powergen Ltd. on their contractual agreement, under which Solegreen will transfer to Powergen (a wholly owned subsidiary of Generation Capital Ltd.) its entrepreneurial assets and employees, and Powergen will provide electricity and management services to Solegreen.
The agreement is part of Solegreen’s focus on stable income-yielding assets and its integration into Powergen’s operational system in order to further benefit from the synergy between the companies. On Powergen’s side, the agreement is part of its drive to complete its establishment as a unified energy company that integrates a variety of electricity technologies, including production, storage and supply.
Solegreen was represented in this transaction by Esther Koren, Chairman and Head of the Corporate, Mergers & Acquisitions Department, partner Liraz Shaharabani Kosover and associate Lior Neumann Yamin of the department.
