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Accessibility Statement

Renewable Energy

Ashtrom Renewable Energy is the renewable energy arm of the Ashtrom Group, which views the energy field as one of the Group’s principal growth engines in the coming years.

The Company is investing in renewable energy projects at various stages of development, starting from greenfield development, via advanced development, and in appropriate cases also connected projects.

In addition to the field of electricity generation from renewable energy sources, the Company also plans to expand its operations into other supplementary segments including energy storage, energy trading, energy supply, local management of electricity and so forth.

The Company is active in a number of main geographical markets with the emphasis on the USA, Europe (Eastern and Southern Europe) and Israel.

The Company’s present backlog of projects amounts to about 1,000 MW of solar energy in the USA, minority holdings in the major wind energy project in Poland with an output of around 257 MW (220 MW in commercial operation and 37 MW under construction), and additional solar energy projects in Israel (under construction and undergoing development).

The Company is acting to increase its present project backlog substantially in its principal target markets by investing in major projects and/or development platforms in the energy field.