Dalia Energy Companies
From Wikipedia, the free encyclopedia
 | |
 Dalya Power Station | |
| Company type | energy |
|---|---|
| Industry | Electric utilities |
| Founded | 2020 |
| Headquarters | Tel Aviv, Israel |
Area served | Israel |
Key people |
|
| Products | Electricity generation |
| Revenue | NIS 2.284 billion (2023) |
| NIS 371 million (2023) | |
| Total equity | NIS 1.08 billion (2023) |
| Website | www.dalia-power.co.il |
Dalia Energy Companies Ltd. is an Israeli company engaged in the development, construction and operation of electricity supply stations, along with electricity generation and storage. The company operates advanced power plants based on natural gas, including Dalia power station at the Tzafit site that generates approx 900 megawatts using combined cycle technology, and Eshkol power station in Ashdod that generates a total of 1,606 megawatts.[1] Dalia is one of the largest private electricity producers in Israel, and it played a significant role in opening the electricity market to competition with an installed capacity of approx. 2,600 megawatts.[2]
Dalia Power Energies Ltd. was established in July 2005 following the Israeli Electricity Sector Law of 1988, which stipulated that the government-owned electricity company would no longer build new power plants. The company was established through the initiative of a group of private entrepreneurs with the aim of promoting competition in the Israeli electricity market. In 2010, Dalia power station was declared as a "national infrastructure project"; its construction was completed in 2015.[3]
Dalia's name was selected due to the planned location of the first power station near the mouth of the river Dalia in the Carmel region. However, the National Infrastructure Committee subsequently changed its decision and the station was built in the Yoav Regional Council, near the old power plant of the Israel Electricity Company in Tzafit, and adjacent to Israel's gas and electricity transmission line network.
Dalia Energy Companies Ltd. was established in October 2020, and received full ownership of Dalia Power Energies Ltd.
In March 2022, Dalia Energy Companies bonds were listed for trading on the Tel Aviv Stock Exchange.[4]
In November 2023, as part of a privatization process, Dalia Energy Companies acquired the Eshkol power station, after it was owned by the Israel Electric Corporation. The power station, located in Ashdod, is equipped with advanced technology and a production capacity of 1,606 megawatts. The transaction, which was carried out at a cost of NIS 9 billion, was financed mostly by Bank Hapoalim and Mizrahi-Tefahot Bank.
