Opc Energy Ltd. (OPCE)

Overview

OPC Energy Ltd. is a prominent energy company based in Tel Aviv-Yafo, Israel, specializing in the development, ownership, and operation of power generation facilities. Initially founded as IC Power Israel Ltd. in 2010, the company underwent a name change to OPC Energy Ltd. in July 2017 to better reflect its core business and vision. Operating under the umbrella of Kenon Holdings Ltd., OPC Energy has established itself as a key player in Israel's energy sector. Its commitment to harnessing the power of natural gas and its contributions to the local power grid underscore its pivotal role in the sustainable development of energy resources within the region.

Products and Services

• Rotem Power Plant:

With an impressive installed capacity of 466 megawatts (MW), the Rotem Power Plant stands as a testament to OPC Energy Ltd.'s capability to generate substantial amounts of electricity. This plant plays a vital role in meeting the energy needs of Israel, showcasing the company's commitment to energy reliability and sustainability.

• Natural Gas-Fired Open-Cycle Power Station:

This state-of-the-art facility underscores OPC Energy Ltd.'s dedication to leveraging cleaner energy sources. Utilizing natural gas, this open-cycle power station embodies the company's move towards more environmentally friendly power generating solutions, aligning with global trends of reducing carbon footprints and promoting green energy.

• Hadera Power Plant:

The Hadera Power Plant, with an installed capacity of 144 MW, further exemplifies OPC Energy Ltd.'s prowess in energy production. This facility contributes significantly to the diversification of Israel's energy portfolio, ensuring a stable and reliable supply of electricity to support the country's growth and development.