€1bn Financing Backs Israel’s Next Major Power Asset

1 January, 2026


Senior financing agreements have been executed between Bank Leumi and Israel Discount Bank and Dalia Power Energies in connection with the Dalia 2 power station, supporting the development of a new large-scale electricity generation facility in Israel.

The financing includes facilities of approximately €1 billion, alongside additional credit facilities totaling approximately NIS 800 million. Dalia 2 is expected to materially expand Dalia’s generation capacity, support Israel’s growing electricity demand, and strengthen competition within the local power market.

Thank you to the incredible team that led this transaction: Noa Meidan and Tomer Ben Horin.

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