Israeli Government Says 2.8b Shekels Raised for Solar Power

Megalim Solar Power, partnership of BrightSource Energy, Alstom and Noy Fund, raised funds for 121 MW thermal solar plant in Ashalim in the Negev, according to e-mailed statement from Finance Ministry today. * Plant scheduled to be operational by 2H 2017: statement * Will provide 1% of country’s energy needs along with another solar thermal plant, photo-voltaic plant in Ashalim: statement

To contact the reporter on this story: Yaacov Benmeleh in Tel Aviv at ybenmeleh@bloomberg.net

To contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net David Wainer

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