Builds & operates renewable energy projects.
Meshek Energy has already built a large and diversified electricity platform, but 2026 will determine whether it can turn operating scale and project FFO into self-funding projects and cash that is actually free at the group level.
Meshek Energy's supply arm moved from losses to positive EBITDA and FFO in 2025, but at this stage that is still proof of crossing break-even, not proof of a mature earnings engine. The real earnings case only arrives if Cellcom Energy, availability certificates, and behind-the-…
Dalia 2 has already moved from bridge financing into senior debt and a first draw, but its cash is still locked inside a project-finance structure with distribution limits, reserves, and coverage tests. That means 2026 through 2028 solve Dalia 2's own bridge problem, not Avshal'…
The Phoenix deal looks like monetization, but in practice it is a capital-recycling transaction on an operating solar portfolio: Meshek appears to keep the control layer and the majority of the exposure, while the NIS 600-700 million headline is gross, staged, and partly tied to…
