Developer & operator of power plants.
Dalia ends 2025 with a legacy business that still generates cash, but the value of the next two years will depend mainly on whether it can execute Dalia 2 and Avshal without eroding financial flexibility.
Ashkol is already generating strong operating earnings, but in 2025 depreciation, financing, and the site’s transition structure still outweighed the operating improvement. The fourth quarter started to narrow the gap, yet by year-end EBITDA still did not convert into stable net…
Ashkol already has the ingredients of a real data-center option, but for now it is still an evidence-backed option rather than closed bankable value. The land, power, and connectivity angle exist, yet planning, permits, connection, and financing still have to convert that framew…
Dalia 2 has already reduced the bridge-financing risk, but Dalia’s true financing headroom for 2026 through 2027 will be determined mainly by whether it can carry one project already in funded execution while a second project still needs full financial close.
