February 25, 2017 5:52 PM ET

Electric Utilities

Company Overview of Israel Electric Corporation Limited

Company Overview

The Israel Electric Corporation Limited generates, transmits, distributes, and supplies electricity in Israel. As of December 31, 2015, the company owned and operated 17 sites of power stations (which include 5 steam power stations) with a total installed generation capacity of approximately 13,617 megawatts; and 63 generation units comprising 18 steam generation units, 14 combined cycle gas turbine units, 16 jet gas turbine units, and 15 industrial gas turbine units. It served approximately 2,675 thousand customers, which consist of households, industrial, public, commercial building, bulk water pumping, and agriculture customers. The company was formerly known as The Palestine Electric Cor...

1 Netiv Ha'Or Street

PO Box 10

Haifa,  3100001


Founded in 1923


972 4 818 4700


972 4 818 4710

Key Executives for Israel Electric Corporation Limited

Chief Executive Officer and President
Age: 57
Senior Vice President of Finance and Economics
Age: 55
Senior Vice President of Corporate Sustainabilty and Risk Management
Age: 68
General Counsel and Senior Vice President
Age: 48
Head of Generation Department and Vice President of Electricity System
Age: 64
Compensation as of Fiscal Year 2016.

Israel Electric Corporation Limited Key Developments

Israel Electric Corporation Limited Appoints Ron Tal Yiftach as Director

Israel Electric Corporation Limited announced the appointment of Ron Tal Yiftach as director of the company.

Israel Electric Corporation Limited Announces Cessation of Ron Tal Yiftach as Chairman of the Board

Israel Electric Corporation Limited announced the cessation of Ron Tal Yiftach as Chairman of the Board. Date of the cessation is Sep. 13, 2016.

Israel Electric Corporation Limited Announces Appointment of Frank Gideon as Director

Israel Electric Corporation Limited announced the appointment of Frank Gideon as director of the company. Date of the appointment is Sep. 22, 2016.

Similar Private Companies By Industry

Company Name Region
Dalia Power Energies Ltd. Middle East/Africa
Dalia Preferred Ltd. Middle East/Africa
Ella Power Energies Ltd Middle East/Africa
Gat Energy Ltd. Middle East/Africa
GP Global Power Ltd. Middle East/Africa

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Israel Electric Corporation Limited, please visit www.iec.co.il. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.