Nadav Balila and Doral Acquire Alon Tavor Land for 83 Million Shekels
Nadav Balila's logistics firm acquired 22 dunams in Alon Tavor for 83 million shekels to build a 50-megawatt data center in partnership with Doral Energy and Ampa.
The logistics company owned by real estate entrepreneur Nadav Balila is expanding its footprint in northern Israel, acquiring an additional 22 dunams (about 5.5 acres) in the Alon Tavor industrial park within the Jezreel Valley for 83 million shekels. This follows an earlier purchase of 40 dunams in the same hub, bringing the group's total land acquisition in the area to significant proportions.
Strategic Energy Infrastructure and AI Focus
According to market sources, the newly acquired plot was purchased from an industrial firm at a valuation of approximately 3.7 million shekels per dunam. The land comes with approved zoning for establishing a major data center. The project is being developed in partnership with Doral Energy and Ampa, mirroring a similar joint venture by Balila in the Har Tuv industrial zone near Beit Shemesh.
The intense activity by Nadav B. Logistics and Doral is driven by the site's proximity to power plants and natural gas infrastructure, which can reliably feed electrical sub-stations. Although grid connection approvals are currently facing a temporary standstill from the Electricity Authority, the companies remain optimistic about securing the necessary permits due to the strategic location adjacent to the Alon Tavor power plant.
Scale and Projected Revenues
The planned data center will feature a capacity of 50 megawatts IT, specifically designated for artificial intelligence processing and cloud computing. While smaller than the Har Tuv facility—which is slated to consume 75 megawatts—the Alon Tavor project represents a massive capital investment.
"The expansion of cooperation with Ampa and Balila Logistics in Alon Tavor is another step in Doral's data center operations, leveraging existing energy infrastructure," the company stated.
Construction costs for the facility are estimated to exceed 1 billion shekels, promising tens of millions of shekels in annual revenues for each partner. For comparison, Doral's larger Har Tuv project projects annual revenues of $150 million, with an EBITDA of $100 million.
