Israel’s electricity market is undergoing significant changes in the wake of a 2018 structural reform. Indeed, as part of the reform, Israel Electric Corporation (IEC) – the state-owned utility company – is selling part of its power generation sites to private Independent Power Producers (IPP’s).

In this context, Noy Fund and Shapir decided to embrace the opportunity and partecipate to the tender for purchasing the East Hagit Power Plant (660 MW) supported by an O&M Contractor and a LTSA Contractor.

As technical consultant, ESE supported Noy Fund and Shapir through the negotiation and tender preparation process partecipating to the following activities:

– Technical due diligence

– Evaluation of optimization opportunities for the existing plant

– Evaluation of technical alternatives to increase the plant capacity

– Support for bid preparation