Meitav to invest $65M in Nofar Israel for 8.7% stake

What's the deal? Israeli investment house MeitavDealroom has a profile for this one. Try Dealroom → is set to invest 200 million ILS ($65.3 million) in Nofar Israel, the domestic unit of renewables developer and operator Nofar EnergyDealroom has a profile for this one. Try Dealroom →. In exchange, Meitav will take an 8.7% equity stake in the unit.

What does Nofar do? Tel Aviv-listed Nofar Energy develops and operates renewable energy projects. In July 2026, its Israeli unit signed a power supply contract backed by 500MWh of storage.

The signal: The deal points to sustained investor appetite for renewables and energy storage assets in Israel, where developers are increasingly pairing generation with storage to firm up supply.

Read more: Renewables Now

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