Energix raises NIS 346m on TASE

Nathan Hetz

The funds will be used for a wind energy project in northeast Poland.

Energix Renewable Energies Ltd. (ENRG), controlled by real estate investment company Alony Hetz Property and Investments Ltd. (TASE: ALHE), controlled by Nathan Hetz and the Wertheim family, has completed raising about NIS 346 million in shares and options, the company has reported to the Tel Aviv Stock Exchange. The company offered 160,000 units including 1,000 regular shares and 300 Series 2 option warranties.

In the past few months, Energix announced its intention of acquiring control of a huge wind energy project in northeast Poland. The company signed a range of agreements for the purchase in March. In the first stage, the project will generate 50 megawatt from about NIS 400 million in financing sources mainly from the funds raised now.

Published by Globes [online], Israel business news - www.globes-online.com - on April 26, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

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