OPC Energy closes USD 255 million private placement of 8 million shares

Reuters03-13
OPC Energy closes USD 255 million private placement of 8 million shares

OPC Energy said it closed a private placement of 8,000,000 ordinary shares to Israeli institutional investors for about USD 255 million. The company said 2,000,000 shares are expected to be allocated to Harel Group and 1,500,000 shares to Menora Group. OPC Energy said the shares represent about 3% of its outstanding share capital and voting rights prior to the transaction. The company said the transaction price was NIS 800 million, and it was 95% of the closing share price on the relevant trading day. OPC website

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OPC Energy Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603130700PR_NEWS_USPR_____LN09636) on March 13, 2026, and is solely responsible for the information contained therein.

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