ERM advises Modiin Energy and Alon Gas Energy Development (two Israeli oil & gas public corporations), who entered into a framework development agreement with Fusion (an American energy company). Under the agreement, the parties will cooperate in developing solar power projects in the US. The initial pipeline includes eight projects with an aggregate capacity of 118MW .
Asaf Rimon, partner at ERM’s Energy & Infrastructure practice, acted for Modiin Energy and Alon Gas.
For media coverage of the deal (Hebrew), please click here.