Project Finance

Project Finance

Meitar represents lenders, sponsors and project companies in the financing of large scale infrastructure projects in a wide range of sectors, including power and renewables, water, oil and gas, transportation and social infrastructure. Our project finance team is composed of specialists from our finance and corporate practice groups as well as our energy and infrastructure group. We are a recognized market leader by numerous legal publications, including Chambers Global, Legal500 and IFLR1000 where we are listed as a Band 1 department in Israel Projects & Energy.

Representative experience

• A project company awarded the PPP concession for the development of the Green Line of the Tel Aviv Light Rail network;
• A leading solar energy company in the development and financing of dozens of solar and storage projects across Israel, with a capacity of hundreds of megawatts;
• A project company awarded the PPP concession for the development of the LRT line between Haifa and Nazareth in the North of Israel;
• The lenders financing a waste-to-energy plant located at the Eshkol Regional Council, in the South of Israel;
• The lenders financing the expansion of the first line of the Jerusalem Light Rail Project (the Red Line) and the development of a second line of the J-NET network (the Green Line);
• The lenders financing the acquisition of an operating power plant located in Ramat Hovav from Israel Electric Corporation (IEC);
• The lenders financing the new logistics centers to be built across Israel for the Ministry of Defence;
• A project company awarded the BOT concession for the development and operation of a 121MW solar energy thermal power station in Ashalim. The project implements unique and groundbreaking “Tower Technology” and is one of the first projects in the world to use this technology;
• The lenders financing the acquisition of an operating power plant located in Alon Tavor from Israel Electric Corporation (IEC);
• A project company awarded the BOT concession for the design, finance, construction and operation of a 150,000,000 m³/annum seawater desalination facility in Sorek, Israel;
• The lenders which originally financed a 100,000,000 m³/annum seawater desalination facility in Ashdod, Israel;
• The lenders financing Israel’s largest (344MW) pumped-storage hydroelectric power station in Kochav HaYarden, Israel;
• The lenders financing the Ministry of Defence new data communications centre known as the “IDF Technology Campus”;
• The lenders financing a new PPP concession for the development of a new Highway into the City of Jerusalem (Highway 16);
• A project company awarded the BOT concession for the construction and operation of the Cross Israel Northern Highway No. 6 from Yokneam to Somech;
• The lenders financing a wind farm in the north of Israel with an installed capacity of 200MW;
• The lenders financing a 300MW hydroelectricity pumped-storage power plant in Ma’ale Gilboa, Israel;
• The lenders financing a 120MW cogeneration power plant at the paper generating facility of Hadera Paper in Hadera, Israel.