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Analyses on Supergas Power (6)
- May 4, 2026
- April 30, 2026
- March 26, 2026March 26, 2026
- Follow-up
Supergas Power: The Electricity Reserve Stack Is Growing, But When Does It Become Profit
Supergas Power now has a more credible electricity reserve stack, but the 2025 filing shows that the constraint has moved from access to supply to the ability to earn a gross spread that can absorb the platform's operating cost.

- Follow-up
Supergas Power: How Much Cushion Is Really Left In LPG
The LPG segment still has positive impairment headroom, but it rests on only about NIS 59 million above carrying value and on the assumption that 2025 was an abnormal disruption year rather than a new earnings base.

- Follow-up
Supergas Power: Solo Cash, Commercial Paper, And Buybacks Do Not Sit On The Same Layer
At Supergas Power's 2025 year-end, consolidated liquidity and parent-level flexibility are not the same thing. March 2026 matters precisely because the buyback programs were launched at the layer that holds only NIS 0.5 million of cash against NIS 150 million of commercial paper…

Supergas Power In 2025: Electricity Is Scaling, But LPG Still Funds The Transition
Supergas Power is building a real electricity platform, but in 2025 it is still being funded mainly by LPG and natural gas rather than by electricity economics themselves. That matters because the company can look like a clean growth story at first glance, while in practice the…















