Powergen Information

Powergen, the energy arm of Generation Capital (TASE: GNRS), is a leading energy platform, positioned as a momentous technologically diverse market player (conventional, solar and storage) with an integrative operational value offer, that operates throughout the entire value chain (generation, storage, electricity supply and trading and energy solutions for end customers). The company's conventional generation activity showcases an impressive array of 5 power plants, collectively yielding an astounding capacity of approximately 1GW, with an additional 230 MW currently under construction and 1.3 GW under development. Moreover, the company is spearheading initiatives in the development of Battery Energy Storage Systems (BESS), solar farms and gas fired microgeneration engines across various scales. In the renewable energy field, the company currently holds 120 MW of operational solar PV projects, an additional 213.6 MW under and nearly under construction, and an additional pipeline of approx. 674 MW and 5,495 MWh (storage) in the early stages. In the Supply and trading arena, Powergen is a one of the most dominant market player both in the B2B and B2C segments with value propositions supported by its IPP facilities and its collaboration with Bezeq (TASE: BEZQ), Israel's leading communication company.