StockWatch
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Electric Utilities: Central
Project UpdateMay 21, 2026, 06:08 AM

Kenon's OPC Energy Subsidiary Gets Hadera 2 Project Building Permit

AI Summary

Kenon Holdings Ltd.'s subsidiary, OPC Energy Ltd., announced that its project company, Hadera 2, has been granted a building permit for the Hadera 2 project. This project involves the construction of an 850 MW natural gas-fired power plant adjacent to OPC's existing Hadera power plant. OPC is now focused on completing the necessary actions, agreements, and conditions for the financial closing of the project.

Key Highlights

  • Kenon's subsidiary OPC Energy's project company Hadera 2 received a building permit for the Hadera 2 project.
  • The Hadera 2 project involves the construction of an 850 MW natural gas-fired power plant.
  • The new power plant will be built on land adjacent to OPC's existing Hadera power plant.
  • The building permit was granted after the payment of required levies.
  • OPC is working to complete all necessary actions for the financial closing of the Hadera 2 project.