OPC Energy enters the field of electricity and renewable energy in the United States: Signed letter of intent to acquire U.S company CPV with investment of $ 700-800 million

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Sep 16, 2020
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CPV is one of the leading private electricity generation companies in the United States; the company has initiated and established power plants with a total capacity of about 14,800 MW, of which about 4,850 MW in wind energy

OPC is conducting negotiations with the following Israeli institutional and financial partners: Clal, Migdal and Poalim Capital Markets for establishment partnership in this investment of approximately 30% in the acquisition of CPV

OPC intends to focus and expand its U.S. power generation operations through the acquisition and expansion of CPV's operations, primarily in the field of 'green electricity'

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