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Israeli Government Says 2.8b Shekels Raised for Solar Power

June 26 (Bloomberg) -- 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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