Involvement
Revenue
A publicly traded Israeli company active in the initiation, development, financing, construction, management, and operation of renewable energy projects.
In January 2022, the company won an Israeli Civil Administration tender for setting a tariff for electricity generation using dual-use photovoltaic technology in facilities in the occupied West Bank that will be connected to high and low voltage. The tender involves a total installed capacity of 75 megawatts.
Additionally, in January 2022, Agri-Light Energy Systems, a private company specializing in agro-voltaic solutions in which the company holds a 7.5% stake, was selected to participate in a pilot program launched by the Ministry of Energy and the Ministry of Agriculture & Rural Development to examine the feasibility of the dual use of agricultural land for electricity generation from solar energy. As part of the project, Agri-Light will collaborate with the Shamir Institute, located in the occupied Syrian Golan, to construct agro-voltaic facilities in five sites located in three settlements in the Syrian Golan, Mevo Hama, Nov and Ani’am.
Ownership
The company is controlled by Yaron Kikoz, who holds 66% of its outstanding shares. Other shareholders include: The Phoenix Holdings (6.91%), Synergy C.P Capital Partners Ltd. (5.97%), Ilan Suleman (4.94%), Excellence Investments Ltd. (0.28%)
The company is publicly traded on the Tel Aviv Stock Exchange under the ticker symbol PRIM.
Subsidiaries
Solar Town Solar Solutions (70%), Prime Energy S.R.K ISRO (100%), KVP Solar Ltd. (100%), Prime Energy Italy Ltd. (100%), Solar City Israel 2022 P.E Ltd. (100%), PV Planet 2019 Ltd. (100%), Prime Memsi Solar Covering Ltd. (100%) and K.N Solar Holdings (70%).
Additionally, the company holds a 7.5% stake in Agri-Light Energy Systems, a private Israeli company specializing in agri-voltaic solutions.
Partners
The company’s main suppliers are SMA, Kaco Newenergy, SunGrow, Trina, Sun Tech, Eging, JA Solar, Sheraphim, Jinko, Jolywood, Jurchen.
All the information contained in this page is valid until Sun 12/06/2022
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