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ERM Advised Paz Oil Company (TLV: PZOL), the largest Israeli fuels company, and Hagai Miller on reaching financial closing of its first renewable energy project.

ERM Advised Paz Oil Company (TLV: PZOL), the largest Israeli fuels company, and Hagai Miller on reaching financial closing of its first renewable energy project.

Epstein Rosenblum Maoz’s (ERM) Energy Infrastructure and Climate practice group was proud to advise Paz once again following its acquisition of the 272MW PV project in Texas, US in 2021 together with Global Sun Israel.

The financial closing included non-recourse project finance from Nomura and Poalim, Tax Equity finance from a leading US investment bank and equity finance from Menora Mivtachim Group.

Partner Asaf Rimon led the ERM team, together with Amnon Epstein, Galit Heller Farkash, Tal Ishay and Lin Nanikashvili

For the full article in Hebrew click here.

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First International Treaty on Artificial Intelligence signed by EU, UK, US and Israel

Adv. Dr. Laura Jelinek, a leading associate in ERM’s Technology & Data Protection department, in a new article on the First International Treaty on Artificial Intelligence signed by EU, UK, US, and Israel. Read the full piece below:

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The Construction Violations that were Committed Years Ago – Are Stalling ‘pinui-binui’ Projects

Illegal construction additions, such as the enclosure of balconies or expansions at the expense of shared spaces without proper permits, are common in many older neighbourhoods. Some of these alterations were made years ago, and the residents have even paid property taxes on them. “A resident who has become accustomed to living in a 100 […]

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