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Windtech International September October 2024 issue

 

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Ampal-American Israel Corporation has announced that Merhav Ampal Energy Ltd., a wholly owned subsidiary of Ampal, has signed a joint venture agreement with Clal Electronics Industries Ltd., an Israel-based holding company, for the formation of a joint venture that will focus on the new development and acquisition of controlling interests in wind energy projects outside of Israel.

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The joint venture, owned equally by Ampal and Clal, will seek to either develop or acquire wind energy opportunities with a minimum goal of establishing at least 150MW of installed capacity within the next 3.5 years. The joint venture's initial project is the development of a wind farm in Greece.
 
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