BIG Shopping Centers sells 50% stake in solar portfolio to Noy Infrastructure Fund

Stake Sale Solar announced Israel Apr 29, 2024

USD170M

Deal Value

100 MW

Capacity

BIG Shopping Centers sold a 50% stake in its solar portfolio, comprising 100 MW of rooftop solar installations across its shopping centers, to Noy Infrastructure Fund for NIS 170 million.

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Counterparts (2)

Buyer

Noy Infrastructure Fund

company

Noy Infrastructure Fund is an investment fund focused on infrastructure projects.

Seller

BIG Shopping Centers

company · 1 deals

BIG Shopping Centers is an international owner, developer, and operator of open-air shopping centers and retail properties. They are involved in developing and managing retail spaces, and are exploring opportunities within the renewable energy sector to enhance their properties and reduce their carbon footprint.

Timeline

Announced

Apr 29, 2024

Signed

Closed

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Source

www.globes.co.il

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BIG Shopping Centers sells 50% stake in solar portfolio to Noy Infrastructure Fund

Counterparts (2)

Timeline

Source

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