Aluma Discloses NIS 272 Million Agreement to Acquire OPC Distributed
Published

Aluma Infrastructure Fund disclosed Monday that its wholly owned Alumenergy unit had signed an agreement to buy all shares of OPC Distributed and associated shareholder-loan rights from OPC Power Stations. The basic consideration is NIS 272 million, subject to adjustments under the agreement. The acquired business comprises 12 distributed natural-gas generation facilities with roughly 52.5 megawatts of capacity, about 3 megawatts of rooftop solar capacity, and a battery-storage development pipeline of about 195 megawatt-hours. Completion remains conditional, including approval from Israel's Competition Authority; the parties set a 180-day deadline from signing.