Dorad
Found 4 recent publications
Luzon's solution for the Dorad 2 deadlock: shutting down turbines to enable construction
Amos Luzon has proposed to the Electricity Authority that three turbines at the Dorad 1 power station be shut down to comply with market share regulations and unblock the Dorad 2 project. Meanwhile, the Luzon Group is selling 20% of its stake in the station to the Meitav investment house.
Against the backdrop of the emerging Luzon and Mor deal: Dorad will distribute a dividend of 250 million shekels
The board of directors of Dorad unanimously approved a dividend distribution of 250 million shekels. The Luzon Group, led by Amos Luzon, is set to receive 85 million shekels amid a deal to sell a portion of its shares to the Mor investment house.
Amos Luzon Sells 20% Stake in Dorad to Institutional Investor for 233 Million Shekels
Amos Luzon is selling 20% of Luzon Energy shares, representing his stake in the Dorad power plant, to an institutional entity for 233 million shekels. The deal values the station at 4.4 billion shekels.
Government company TAA against the Electricity Authority: "Rejecting Dorad 2 is a dangerous precedent for the entire market"
The government company TAA, the largest shareholder in the Dorad power plant, is challenging the Electricity Authority's decision to block the expansion of the facility by 670 megawatts.